FalconX plans to launch an IPO in 2025 and has begun preliminary negotiations

According to Decrypt, cryptocurrency broker FalconX is in preliminary contact with investment banking advisors and plans to submit an IPO application as early as 2025, taking advantage of the current trend of cryptocurrency companies going public. According to sources, FalconX has recently increased its acquisition efforts and established partnerships with Standard Chartered Bank, Cantor Fitzgerald, and others to expand its institutional services. The company was valued at $8 billion in 2022.