Express
American Express Dips Toes Into Crypto Market By Investing A Crypto Startup FalconX
Summary: Amex Ventures, a venture capital arm of American Express Co., has invested in California-based crypto trading startup FalconX, according to a Bloomberg report. The specific amount was not disclosed. FalconX raised $17 million in funding from companies including Accel and Coinbase Ventures in May. Harshul Sanghi, global head of Amex Ventures, said that American Express ...
Amex Ventures, a venture capital arm of American Express Co., has invested in California-based crypto trading startup FalconX, according to a Bloomberg report. The specific amount was not disclosed. FalconX raised $17 million in funding from companies including Accel and Coinbase Ventures in May. Harshul Sanghi, global head of Amex Ventures, said that American Express investing in startups is a way to better understand the emerging areas of the payment ecosystem.
By Mary Liu
Tags: American Express,Amex Ventures,Crypto Trading,FalconX,Funding
Link: American Express Dips Toes Into Crypto Market By Investing A Crypto Startup FalconX [Copy]
