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


Please enter your comment!
Please enter your name here