FalconX Set To Acquire Principal Crypto Liquidity Provider Arbelos
FalconX is reportedly set to acquire derivatives platform Arbelos Markets in a deal expected to involve a combination of cash and FalconX stock.
The crypto prime brokerage and trading firm previously participated in an Arbelos funding round led by Dragonfly Capital, with capital from Circle Ventures, Deribit, Paxos, and StarkWare. The round raised $28 million in May.
Arbelos offers OTC trading, exchange liquidity, bespoke hedging
Founded in 2023 by Joshua Lim and Shiliang Tang, Arbelos is a principal liquidity provider in crypto derivatives markets, offering liquidity across centralized and decentralized finance venues, specializing in over-the-counter (OTC) trading, exchange liquidity, and bespoke hedging solutions.
The…
