Wilshire, the financial services firm, announced a partnership with crypto prime broker FalconX to provide institutional investors with access to the OTC crypto derivatives market. The firm, whi...
Tag: FalconX
FalconX, Bitmex founder Hayes invest in market maker Elixir amid dearth of providers
Decentralized finance protocol Elixir closed a $2.1 million seed round to allow anyone to participate in crypto market making. FalconX, Commonwealth, OP Crypto, ChapterOne and Bitmex founder Ar...
FalconX Discloses FTX Exposure, Crypto Daily TV 13/12/2022
In Todays Headline TV CryptoDaily News: Maple Finance shows risks of Crypto lending without collateral. Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis wh...
FalconX has 18% of its Funds Locked in Bankrupt FTX
Leading crypto brokerage firm FalconX revealed that roughly 18% of its funds are stuck on the bankrupt crypto exchange FTX. According to the firm’s December 8 press statement, its financial position r...
FalconX Admits That 18% Of Its Funds Are Blocked on FTX
Exchange News FalconX states that the 18% ratio fell within its “counterparty exposure limits.” FalconX indicated that it had no exposure to Genesis, Alameda, or BlockFi. FalconX, a cryptocurrency tra...
FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’
Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash eq...
Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
Institutional crypto trading platform FalconX disclosed in a company blog post today that 18% of its “unencumbered cash equivalents” remain locked on FTX. In the event of a worst case scen...
FalconX says finances strong despite FTX exposure
FalconX, the crypto prime broker, told clients its finances are strong despite the exposure it had to collapsed crypto exchange FTX. “FalconX balances locked on FTX represented 18% of our ...
FalconX resumes use of Silvergate’s payment network
FalconX, the crypto prime broker, resumed use of Silvergate’s payment network after pressing pause on the partnership last week. “Due to the heightened risk environment and Silvergate’s wire pay...
Correction: $17M FalconX Transfer Was Mislabeled as Alameda by Nansen and Etherscan
Editor’s note: An earlier version of this story incorrectly reported that Alameda Research had moved funds. The wallet in question was incorrectly labelled by Nansen and Etherscan. We regret the...
Crypto prime broker FalconX will no longer use Silvergate’s SEN network
Crypto prime broker FalconX will no longer use the Silvergate Exchange Network (SEN), according to an email sent by FalconX to clients and obtained by The Block. “Out of an abundance of caution ...
Crypto Prime Brokerage FalconX Unveils Risk-Management Platform for Institutional Clients
Additional components of the new platform include access pricing from more than 70 liquidity venues with built-in smart order routing, treasury management, risk management and operations. Additionally...
FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market
5 hours ago | 2 mins read Bitcoin News The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like Fa...
Crypto Startup FalconX Hits $8 Billion Valuation After Raising $150 Million
Institutional crypto trading platform FalconX has raised $150 million in a Series D funding round, bringing the company’s valuation to $8 billion. This means that FalconX’s valuation has more than dou...
Crypto Firm FalconX Valued at $8 Billion Following New Fundraiser
The US-based cryptocurrency platform FalconX closed a $150 million fundraiser led by the investment giants – GIC and B Capital, and its valuation surged to $8 billion. Despite the Crash, FalconX Keeps...
Crypto brokerage FalconX raises $150M at $8B valuation
Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX. FalconX, the institutional-level digital asset pla...
FalconX Sees Over X2 Valuation to $8B After $150 Million Funding
Institutional crypto trading platform FalconX has secured $150 million in funding as part of its Series D round. The digital asset platform generated fresh funding in the midst of the ongoing bearish ...
FalconX Hires Dan Torrey as Senior Institutional Sales Executive
US-based FalconX, a digital asset trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access a...
FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer
Fierce volatility and other complications unique to crypto markets “could theoretically be addressed by robust margin requirements and risk management,” said Dan Awrey, a professor who teaches derivat...
FalconX Company Intelligence Report
January 22, 2022, 11:19AM EST • 5 min read Quick Take Digital asset prime brokerage and liquidity aggregator Aug-21 Series C raised $210mm at a $3.75bn post-money valuation 30.0x YoY Revenue Growth an...