Entity

FalconX

FalconX is a digital asset trading platform and prime broker that provides liquidity and execution services for cryptocurrencies and other digital assets.

Why it’s in the news: It is in the news because it has been selected by Ethena to provide a $1 billion facility to diversify the backing for the USDe stablecoin.

Latest on FalconX

  • Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
  • Bitcoin wallet dormant since 2011 moves $3.2 million toward FalconX-linked address

Connections

7 entities linked to FalconX across the news graph.