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Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers

CoinDesk
Institutional crypto brokerage FalconX has confidentially filed for an IPO and engaged investment bankers, targeting a potential listing later this year.

Summary

FalconX, a digital asset prime broker serving institutional clients, has confidentially filed a draft S-1 registration statement with the SEC. The firm has tapped Cantor to advise on the potential IPO, though the public listing is not anticipated until later this year due to current market conditions. This move comes as several other major crypto companies have delayed their own public listing plans amid cooling market enthusiasm.

(Source:CoinDesk)