Crypto Platform FalconX Defies Bear Market, Doubles Valuation to $8 Billion
Despite a challenging crypto market, digital assets platform FalconX has defied the bearishness, achieving a remarkable milestone. Through this round, announced today in a release, the company has more than doubled its valuation from $3.75 billion to $8 billion at a time when many crypto firms are struggling. This impressive feat highlights FalconX's strong position in the industry and its ability to thrive even in unfavorable conditions.
FalconX valued at $8 Billion After New Funding Round
Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its previous valuation. This significant investment signals strong confidence in FalconX's business model and its potential for future growth.
Ten-Month Surge: FalconX's Rapid Growth
In just the past ten months, the digital assets platform FalconX has doubled its valuation. Per recent reports, the company’s valuation was $8 billion in a new funding round, showcasing its rapid expansion and market dominance.
FalconX: A Leader in Institutional Crypto Trading
FalconX, a digital asset trading platform and brokerage for institutional investors, has doubled its valuation to $8 billion, despite a major market downturn for crypto. This remarkable achievement underscores its crucial role in facilitating crypto trading for institutional clients.
$150 Million Funding Fuels FalconX's Expansion
Crypto platform FalconX has raised $150 million in a Series D funding round that has more than doubled its valuation in under a year, defying the current crypto bear market. This fresh capital will enable FalconX to further expand its services and solidify its position as a leading player in the digital asset space.