
FalconX Launches FX Desk with BCB Group Hires, Expands Access to 20 Forex Pairs
This move is part of FalconX’s ongoing push to rehaul institutional crypto trading and bring it more tightly into traditional financial systems.
This move is part of FalconX’s ongoing push to rehaul institutional crypto trading and bring it more tightly into traditional financial systems.
The launch of FalconX’s Prime aims to change this dynamic by offering corporate crypto traders enhanced execution capabilities, stable credit lines, and portfolio margin options.
Institutional crypto trading platform FalconX has secured $150 million in funding as part of its Series D round.
With the broad capital backing cryptocurrency firms are enjoying, the FalconX valuation is a testament of the growing number of unicorns in the global cryptocurrency ecosystem.
The funding from American Express Ventures as well as the other FalconX investors will help position the company to tap into the potential opportunities in the space in 2021.