EDGE Boost Streamlines Betting Deposits with Compliant Crypto-to-USD Conversion from Approved Exchanges

Allowing funds from approved wallets will reduce payment friction and enable faster funding for EDGE Boost users with 24/7/365 settlement
Key Takeaways
  • EDGE Boost now enables compliant crypto-to-USD funding for legal U.S. gaming by supporting BTC, ETH, and stablecoins through regulated exchange partners, without directly holding crypto.
  • The new funding option expands access to players’ own funds outside traditional banking hours, offering a safer alternative to high-fee credit card advances and supporting responsible gaming behavior.
  • By providing a regulated crypto onramp, EDGE Boost reduces the appeal of offshore and illegal gaming markets while expanding its reach to new users and markets.

 EDGE Boost by EDGE Markets, the first banking solution designed to promote responsible gaming in the U.S., announced that it is now allowing Crypto-to-USD conversion into its deposit accounts for the purposes of legal US gaming and betting. At launch, EDGE Boost will only support ETH, BTC, and Stablecoins — the most transparent and well-regulated tokens, providing far more auditable fund flows vs. cash.

EDGE Boost will partner with legitimate, highly regulated exchanges through a process that is no different from linking to a bank account. Exchange partners will provide full account ownership details after the user authenticates, ensuring that only personal accounts with matching KYC information can be linked for conversion. This new avenue for funding gaming and betting will create more opportunities for bettors by expanding cash access outside of traditional banking hours, which has been one of the industry’s biggest challenges. 

Currently, at land-based casinos, the only option for cash access outside banking hours is a credit card advance, an extremely high-fee transaction for consumers. Furthermore, it reinforces potentially dangerous financial behavior by leveraging credit to access cash. In line with EDGE Boost’s responsible gambling initiatives, it is a safer path for players to access their own crypto funds.

"EDGE Boost will not hold or transact in crypto directly, but will provide a compliant crypto-to-fiat onramp for the gaming industry,” said Seni Thomas, Founder and CEO of EDGE Boost. “Onboarding crypto wallets will unlock an entirely new segment of users, expanding the product’s reach and entering new markets, all while maintaining our core values.” 

This initiative to expand funding methods strikes at the heart of what makes unregulated markets so attractive to consumers. Offshore gambling sites, illegal sportsbooks, social casinos, and prediction markets thrive in part because they accept digital assets with ease. By providing a secure and compliant path for crypto users to engage in legal gaming, the EDGE Boost solution removes a key advantage of the illegal market, channels consumer activity into regulated environments, and bolsters responsible gaming protections.

It is a deep-held belief by the EDGE Boost team that taxable, legal gaming provides the safest pathway for players to engage with gaming activities that they enjoy, all the while providing the highest quality experience.

This announcement comes at a time of exciting growth for EDGE Boost, as it has onboarded over 9,000 users and processed more than $700 million in transactions to date since its official launch in March 2025. This initiative will further enhance these figures, ensuring EDGE Boost remains a leader in delivering a responsible, safe, and seamless gaming experience.


About EDGE Boost 
EDGE Boost, an ally member of the American Gaming Association, is the responsible financial platform for smart bettors. It’s the first betting-only debit card account that is FDIC insured up to $250,000*. As a neutral, third party, EDGE Boost provides financial segmentation and a holistic view to bettors for all their financial betting data, with custom tools, like personalized spending limitations and cashback incentives, available to help all bettors be more responsible. Customers experience frictionless, instant free betting that is compatible with almost any online or physical betting platform. 

*Deposit Checking accounts are held with Cross River Bank, Member FDIC. The EDGE Boost Visa Debit Card is a Visa® debit card issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. The EDGE Boost Visa Debit Card is not available to all residents of U.S. territories. For further information, please see our Terms of Service and Cardholder Agreement

If you think you or someone you know may have a gambling problem, call 1-800-GAMBLER. 

Key Takeaways
  • EDGE Boost now enables compliant crypto-to-USD funding for legal U.S. gaming by supporting BTC, ETH, and stablecoins through regulated exchange partners, without directly holding crypto.
  • The new funding option expands access to players’ own funds outside traditional banking hours, offering a safer alternative to high-fee credit card advances and supporting responsible gaming behavior.
  • By providing a regulated crypto onramp, EDGE Boost reduces the appeal of offshore and illegal gaming markets while expanding its reach to new users and markets.
Media Gallery
Quotes
EDGE Boost will not hold or transact in crypto directly, but will provide a compliant crypto-to-fiat onramp for the gaming industry.
Seni ThomasFounder and CEO of EDGE Boost
Onboarding crypto wallets will unlock an entirely new segment of users, expanding the product’s reach and entering new markets, all while maintain...
Seni ThomasFounder and CEO of EDGE Boost
Contacts
TJ Criares
Tcriares@hotpaperlantern.com
Digital Sport by Hot Paper Lantern