SBI Holdings just led a $82M fundraise for EDX Markets — an institutional-grade crypto exchange.

This is big. EDX isn't some retail casino. It's backed by Fidelity, Citadel Securities, and Charles Schwab. Now SBI doubles down.

Why this matters:
• Traditional finance giants are building crypto rails
• Institutional liquidity is coming, whether retail likes it or not
• SBI's Asia footprint + EDX's US compliance = global institutional onramp

The narrative: TradFi isn't fighting crypto anymore. They're owning the infrastructure.

Bullish for market maturity. Bearish for decentralization purists.