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Sources: Crypto Broker FalconX Plans IPO in 2025, Initiates Preliminary Talks on Listing
Summary: According to sources, cryptocurrency broker FalconX has initiated preliminary talks on an initial public offering (IPO), with a potential submission of a listing application as early as this year, aiming to further meet the growing demand for digital assets from institutional investors. FalconX has informally engaged with bankers and advisors to discuss the feasibility of ...
According to sources, cryptocurrency broker FalconX has initiated preliminary talks on an initial public offering (IPO), with a potential submission of a listing application as early as this year, aiming to further meet the growing demand for digital assets from institutional investors. FalconX has informally engaged with bankers and advisors to discuss the feasibility of an IPO. As the company accelerates its strategic partnerships and merger plans to better serve institutional clients' strong demand for cryptocurrencies, FalconX is considering entering the public market. Currently, FalconX has not hired an investment bank, which is typically the first step in the listing process. Records show that FalconX was last valued at $8 billion, a valuation derived from a $150 million financing round completed in 2022. (Decrypt)
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Link: Sources: Crypto Broker FalconX Plans IPO in 2025, Initiates Preliminary Talks on Listing [Copy]
