Crypto brokerage FalconX raises $150M at $8B valuation

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FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline.

FalconX’s latest investment round was led by the Singaporean sovereign wealth fund GIC and Facebook’s Eduardo Saverin-backed B Capital Group.

Other investors included prominent industry investors and VC firms like Tiger Global Management, Adams Street and Thoma Bravo.

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Author / Journalist: Cointelegraph By Helen Partz

Category: Crypto

Topics: Venture Capital Funding Cryptocurrencies Cryptocurrency Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-22, 11:19:05

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 361 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 3449

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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