Bitget App
Trade smarter
FalconX seeks acquisition opportunities to prepare for the wave of consolidation in 2025
Bitget2024/10/07 10:53
On October 7, digital asset trading and brokerage firm FalconX was looking for acquisition opportunities in anticipation of a flurry of transactions.
FalconX co-founder and CEO Raghu Yarlagadda said that as more institutional players enter the market and regulations tighten, cryptocurrency business costs will rise, leading to a wave of consolidation in 2025.
A FalconX spokesperson said the company has seen a significant increase in potential acquisition opportunities and is seeking to acquire small companies focused on institutional infrastructure, data and analytics, tokenization, and expanding transaction teams.
FalconX's second-quarter revenue hit a historic high, growing 2.5 times year-on-year, and derivative trading revenue grew nearly three times.
FalconX was founded in 2018 and is headquartered in San Mateo, California. It raised $150 million in 2022, valued at $8 billion, and has over 600 institutional clients.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Andrew Tate's Hyperliquid Account Has Accumulated Losses Approaching $700,000
金色财经•2025/08/22 11:42
BlockFi $13.2 Million Class Action Settlement Nears Approval
金色财经•2025/08/22 11:01
Spot Bitcoin ETF assets hit a record $134.6 billion at the end of Q2
金色财经•2025/08/22 10:37
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,284.23
-1.08%
Ethereum
ETH
$4,282.15
-0.52%
XRP
XRP
$2.82
-3.23%
Tether USDt
USDT
$0.9998
-0.02%
BNB
BNB
$846.07
-0.79%
Solana
SOL
$180.17
-2.44%
USDC
USDC
$1.0000
-0.00%
TRON
TRX
$0.3560
+0.80%
Dogecoin
DOGE
$0.2125
-2.61%
Cardano
ADA
$0.8396
-3.74%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now