FalconX Expands With Arbelos Markets Acquisition
Deal News | Jan 08, 2025 | Goodwin
FalconX, a prominent digital assets prime brokerage, has taken a significant step in the expansion of its crypto derivatives operations by acquiring Arbelos Markets. FalconX operates FalconX Bravo Inc., notably the first CFTC-registered swap dealer concentrated on cryptocurrency derivatives, marking its ambition to be an industry leader in offering crypto derivative solutions. This acquisition underscores FalconX’s commitment to growing within this niche market and bolsters its standing as a considerable force among crypto derivatives dealers globally. FalconX maintains a robust organizational structure with offices spread across major global financial hubs and offers comprehensive digital asset liquidity services backed by an impressive roster of established investors. This strategic acquisition was facilitated by Goodwin's Technology M&A and Digital Currency & Blockchain teams, emphasizing its expertise in technology-driven financial markets.
Sectors
- Cryptocurrency
- Financial Services
Geography
- United States – FalconX is a U.S.-based entity with significant operations in the Silicon Valley and New York, highlighting the U.S. as a primary geography in the article.
- Global – With offices in London, Hong Kong, Bengaluru, Singapore, and Valletta, FalconX represents a global presence.
Industry
- Cryptocurrency – The article discusses FalconX, a company involved in crypto derivatives, part of the broader cryptocurrency industry.
- Financial Services – FalconX operates within financial markets, providing trading and financing services to institutions, categorizing it under financial services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| FalconX | Bidding Company | Company | FalconX is a digital assets prime brokerage, expanding its operations by acquiring Arbelos Markets. |
| Arbelos Markets | Target Company | Company | A trading firm specializing in crypto derivatives that was acquired by FalconX to expand their derivatives market. |
| Goodwin | Legal Advisor | Company | A law firm that advised FalconX on the acquisition of Arbelos Markets. |
| Justin Smith | Legal Advisor | Person | Leader of the Goodwin team advising on the FalconX acquisition. |