On June 19, three people familiar with the matter told Decrypt that crypto broker FalconX has held preliminary talks about an initial public offering (IPO) and could submit a listing application as soon as this year, a move that is expected to help the company further meet the growing demand for digital assets from institutional investors. FalconX has held informal talks with bankers and advisers to explore the feasibility of an IPO, the sources said. FalconX is considering entering the public markets as the company accelerates its strategic partnerships and M&A plans to better serve the strong demand for cryptocurrencies from institutional clients. At this time, FalconX has not engaged an investment bank, which is often the first step in initiating the listing process. According to the data, FalconX was last valued at $8 billion, which came from a $150 million funding round it completed in 2022.
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Sources: Cryptocurrency broker FalconX plans to go public with an IPO in 2025 and has begun preliminary discussions regarding the listing.
On June 19, three people familiar with the matter told Decrypt that crypto broker FalconX has held preliminary talks about an initial public offering (IPO) and could submit a listing application as soon as this year, a move that is expected to help the company further meet the growing demand for digital assets from institutional investors. FalconX has held informal talks with bankers and advisers to explore the feasibility of an IPO, the sources said. FalconX is considering entering the public markets as the company accelerates its strategic partnerships and M&A plans to better serve the strong demand for cryptocurrencies from institutional clients. At this time, FalconX has not engaged an investment bank, which is often the first step in initiating the listing process. According to the data, FalconX was last valued at $8 billion, which came from a $150 million funding round it completed in 2022.