FalconX

This week, FalconX made a remarkable debut in the ETF market, executing over over $230 million of the $720 million day one ETF creations. As a trusted Liquidity Partner for ETF Issuers, we are poised at the forefront of this exciting market development. This is only the beginning.

FalconX has been awarded Prime Broker of the Year - US at the Hedgeweek Global Digital Asset Awards 2024. This award, determined by peer voting, underscores our commitment and track record in delivering market-leading liquidity and exceptional services to institutional investors. Thank you to Hedgeweek and to all who voted for us. We will continue to push the boundaries and lead the way in digital asset prime brokerage.

FalconX is excited to announce that we will be the first custodian to support the Avail token ($AVAIL) ahead of the Avail DA mainnet launch. Our institutional-grade custodial wallets will enable investors to engage with the Avail ecosystem from day one. This collaboration underscores our commitment to supporting innovative protocols with comprehensive prime services. As the blockchain ecosystem evolves, FalconX is dedicated to leading the industry with cutting-edge solutions and seamless, secure experiences for our clients.

Proud to share that FalconX executed the first trade using the USTB token, Superstate’s short-term treasury fund, as collateral. This trade marks a pivotal step forward in the future of tokenized assets, demonstrating immediate value by addressing inefficiencies in the credit markets. Below, Robert and I share our thoughts on a recent use case and our quick take on how tokenization is making markets even more efficient. At FalconX, we’re leading the charge towards a future where tokenized assets unlock new opportunities for efficiency, transparency, and growth in financial markets. Today’s success is just the beginning.

It was great to see everyone who joined us for the FalconX/CME Group event at Consensus! Check out some of the highlights below. Additionally, our own Josh Barkhordar led an all-star panel at the InnovateAustin conference hosted by The Tie, featuring leaders from BNY Mellon, CoinFund, and Societe Generale. Check out the recap from The Tie here: https://lnkd.in/exP4fFvT

FalconX has partnered with Monochrome Asset Management to provide liquidity for Australia’s first spot Bitcoin ETF, now trading under the ticker ‘IBTC’ on Cboe Australia. As a trusted partner for ETF launches, our institutional liquidity has been crucial in supporting BTC ETFs in the US and Hong Kong. FalconX remains dedicated to meeting the growing demand for digital asset ETFs in the APAC region. Learn more about this milestone and our continued efforts to enhance digital asset liquidity worldwide: https://lnkd.in/gCPTEWNj

FalconX is excited to welcome Brian Crist as our new Chief Legal and Compliance Officer & Corporate Secretary. With over 20 years of experience at top companies like Citi, Uber, and eBay, Brian will lead our legal and compliance efforts, guiding us through our next phase of growth. Learn more here: https://lnkd.in/gC-Aw8YZ

Join our EU Director of Sales, Tommy Doyle, at the upcoming Crypto Valley Conference, where he will be exploring the evolving landscape of digital assets along with industry leaders from Messari, Figment, BitGo, and Talos.

Today, FalconX launched a dedicated FX desk, a further expansion of our prime brokerage services. The new FX desk offers deep liquidity in a wide range of currencies, enhancing speed and efficiency in fiat transactions. It supports our international growth and improves the trading experience for global institutional clients, enabling them to unlock new trading strategies and reduce costs associated with trading FX against crypto strategies. Welcome to the new global team, led by Ben Sebley, Richard Usher, and Lux Thiagarajah, who bring decades of FX and crypto experience. Learn more in our announcement here: https://lnkd.in/gx2wPjBm