Bloomberg

Crypto Platform FalconX Quintuples Valuation to $3.75 Billion

(Bloomberg) — FalconX, a cryptocurrency and digital-asset trading platform, has more than quintupled its valuation in five months to $3.75 billion, Chief Executive Officer Raghu Yarlagadda said in an interview.The San Mateo, California-based startup raised $210 million in a funding round led by Altimeter Capital, Sapphire Ventures, B Capital Group and Tiger Global Management, he said. Amex Ventures, an arm of American Express Co., and Mirae Asset also participated.The company, which has been pr

LEAVE A REPLY

Please enter your comment!
Please enter your name here