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Jun 18, 11:30 PM
Stocks
Business
Crypto

Crypto Prime Brokerage FalconX in Early Talks for 2025 IPO After $150 Million Funding at $8 Billion Valuation

Authors
  • Wu Blockchain
  • Decrypt
  • MartyParty
6

FalconX, a crypto prime brokerage firm, is reportedly in early-stage discussions to launch an initial public offering (IPO) as soon as 2025. The move aims to capitalize on growing institutional demand for digital assets. FalconX last raised $150 million in 2022, valuing the company at $8 billion. Sources close to the matter indicate that the company could begin the IPO listing process within the year, reflecting a broader trend of cryptocurrency firms considering public listings.

Written with ChatGPT (GPT-4).

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