FalconX
Coverage of FalconX in the Nexus archive.
- Bitcoin wallet dormant since 2011 moves $3.2 million toward FalconX-linked address
A Bitcoin wallet that has been dormant since 2011 recently moved $3.2 million toward an address linked to FalconX.
- FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
FalconX, a digital asset prime broker, has laid off 10% of its workforce due to the ongoing crypto market slump. The company is refocusing its Singapore strategy and withdrawing its local license application as crypto firms reduce costs.
- Robinhood Chain tops $430 million in TVL, FalconX sees RWAs as the key differentiator
Robinhood Chain reached $431 million in total value locked (TVL) and 250,000+ daily users in under three weeks. FalconX highlighted that memecoins account for 80% of the $9 billion decentralized exchange (DEX) volume on the platform.
- StanChart joins ESMA's first MiCA register update since deadline
ESMA has published its first MiCA register update since the deadline, adding 37 crypto-asset service providers. Standard Chartered and FalconX are among the entities included in the update.
- Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX
Hyperliquid is outperforming Ethereum in trading volume on certain days as significant capital shifts, according to FalconX. The report highlights a rotation of large funds into Hyperliquid's platform.
- Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
Crypto trading firm FalconX has confidentially filed with the SEC for an initial public offering (IPO) and hired investment bankers to assist with the process.
- Satoshi-era Bitcoin miner transfers $203M in BTC to OTC desks
A Satoshi-era Bitcoin miner moved 2,650 BTC ($203 million) to OTC desks FalconX and Cumberland, while retaining 6,000 BTC. The transaction highlights significant movement of legacy Bitcoin holdings into institutional markets.
- Satoshi-era bitcoin whale moves over $200 million in BTC to FalconX, Cumberland: Onchain Lens
A Satoshi-era bitcoin whale transferred approximately 2,650 BTC (worth over $200 million) to FalconX and Cumberland through multiple transactions on Sunday, according to Onchain Lens.
- Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, says FalconX
Hyperliquid is being positioned as a challenger to traditional exchanges and prediction markets, according to FalconX. The analysis highlights its potential to disrupt existing financial market structures.
- FalconX expands tokenized credit facility to Monad network in lending push
FalconX has expanded its tokenized credit facility to Monad network, allowing its tokenized credit vaults to be used as collateral in DeFi markets. This expansion aims to increase institutional lending products across blockchain networks. The move is part of FalconX's push into the lending market.
- FalconX and Sygnum partner to launch tokenized credit offering for institutional clients
FalconX and Sygnum are partnering to launch a tokenized credit offering for institutional clients. FalconX's facility extends credit through a special-purpose vehicle, backed by overcollateralized loans. The partnership aims to provide a new credit solution for institutional clients.
- Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI
Hut 8 has replaced its Coinbase loan with a FalconX deal, reducing borrowing costs as it invests heavily in AI technology. This move is expected to have a significant impact on Hut 8's financials. The company is betting big on artificial intelligence.
- Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal
Hut 8 refinanced a Bitcoin-backed loan with a $200M FalconX deal, lowering its fixed interest rate to 7% and releasing about 3,300 BTC from collateral restrictions. This deal is related to Bitcoin mining. The facility is now more favorable for Hut 8.