Crypto Trading Platform FalconX Gets $50 Million in Latest Round
Posted on 03/13/2021
On March 11, 2021, FalconX raised US$ 50 million at a US$ 675 million valuation from Tiger Global Management and B Capital Group. They are joined by existing investors Accel, Accomplice VC, American Express Ventures. Coinbase Ventures, CMT Digital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.
FalconX a San Mateo, California-based cryptocurrency trading platform. FalconX makes money from trading fees in two ways. FalconX offers either crypto prices with its fees included or on a fixed-fee model.
