FalconX is an all-in-one platform facilitating trading, credit, and clearing for institutions.

FalconX helps asset managers execute mid-to-large size trades at prices smart routed across liquidity sources, and settle with a single counterparty.

FalconX was founded in 2018 by Raghu Yarlagadda and Prabhakar Reddy. The company is headquartered in San Mateo, California.


FalconX allows institutions to manage their crypto strategies through a single interface to execute trading, credit and clearing. Its crypto-as-a-service offering allows banks, fintech firms and investment applications to add digital assets to their products.


FalconX leverages machine learning to provide institutions a single counterparty with access to global cryptocurrency liquidity with 99.9%+ uptime through its web interface, APIs, and 24/7/365 white glove trading desk.


FalconX provides a holistic product offering paired with unparalleled execution that supports over 70 million transactions on a monthly basis.


FalconX is backed by Accel, Accomplice VC, Altimeter Capital, B Capital Group, Tiger Global, GIC, American Express Ventures, CMT Digital, Coinbase Ventures, Thoma Bravo, Flybridge Capital Partners, Wellington Management, Lightspeed Venture Partners, Mirae Asset, Sapphire Ventures, and others. The company raised $150M in Series D round on Jun 22, 2022. This brings FalconX's total funding to $427M to date. The latest round more than doubled the company's valuation to $8B, up from $3.75B following its Series C raised in Aug 2021.



  • Year founded: 2018
  • Funding Info: $427M over 6 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $8B as of Jun 22, 2022
  • City/Town: San Mateo
  • State: California
  • Country: United States
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