FalconX and Ethena launched a $1 billion warehouse facility that channels USDe-backed capital into FalconX-originated, overcollateralized institutional loans.
CoinDesk→FalconX cut 10% of staff globally amid a prolonged crypto downturn, including roughly half its Singapore office, Bloomberg reported.
Bloomberg Law→FalconX acquired Chicago-based bloXroute to add blockchain networking technology and improve the speed and efficiency of its onchain trading platform.
Axios→FalconX confidentially submitted draft IPO paperwork to the SEC and hired Cantor and other bankers to advise on a potential public listing.
CoinDesk→Sourced from public web search results and summarized by AI — verify independently before relying on it.
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