FalconX announces expansion into Hong Kong
Digital assets brokerage FalconX announces expansion into Hong Kong. The platform expanded its services to Singapore in 2023 as it sought to grow its presence in the APAC. FalconX recently partnered with TC ICAP’s Fusion Digital Assets. The team as FalconX, a digital-assets prime brokerage for institutions, has revealed that it is expanding its cryptocurrency services and products to Hong Kong. FalconX shared the news via a post on its X account. Hong Kong’s growing as a crypto hub FalconX announced that the expansion plans come amid rising demand from global institutions for an efficient, safe and regulated exposure to the crypto asset class. The platform shared its plans via an announcement on Thursday. It noted that the goal is to extend its over-the-counter (OTC) brokerage and crypto derivatives products to institutional investors. These include fund managers, proprietary trading firms and family offices among other professional investors....