FalconX

FalconX is an American cryptocurrency prime brokerage and digital asset trading platform headquartered in San Mateo, California. The company provides trading, credit, and clearing services to institutional investors, including hedge funds, asset managers, and family offices. FalconX is known for being one of the first dedicated prime brokers in the cryptocurrency sector. It achieved a valuation of $8 billion in 2022. In 2025, the company expanded its operations significantly through the acquisition of Arbelos Markets and 21Shares.