FalconX

FalconX is a digital asset prime brokerage founded in 2018, headquartered in San Mateo, California. The company provides institutional clients with services such as trading, credit, and clearing, facilitating access to deep liquidity across over 400 tokens. FalconX's platform, FalconX 360, aggregates liquidity from more than 70 venues, offering efficient trade execution and comprehensive market access. In 2025, FalconX expanded its offerings by acquiring Arbelos Markets, a specialist in cryptocurrency derivatives and options trading, and 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs). These strategic acquisitions have bolstered FalconX's position in the institutional digital asset market, enabling it to offer a broader range of services, including derivatives and asset management solutions. The company is also registered as a swap dealer with the U.S. Commodity Futures Trading Commission (CFTC) through its subsidiary, FalconX Bravo, Inc., underscoring its commitment to regulatory compliance in the evolving crypto landscape.