Crypto Brokerage FalconX Buys Derivatives Startup Arbelos Markets
(Bloomberg) — Digital-asset prime brokerage firm FalconX has acquired Arbelos Markets, a derivatives startup launched in 2023 by two crypto industry veterans.
Terms of the transaction weren’t disclosed. Bloomberg News reported on Tuesday that the transaction was expected to be financed through a mix of cash and FalconX stock, according to people familiar with the deal, who asked not to be identified because the discussions were private.
“Combining Arbelos’s systematic trading expertise with FalconX’s broad client base, large balance sheet, and regulatory leadership, we’re uniquely positioned to address the growing demand for complex trading strategies and bespoke products,” Raghu Yarlagadda, chief executive officer of…
