According to CoinDesk, Wall Street financial services firm Cantor is competing to become the IPO advisor for crypto institutional broker FalconX, though no underwriter has been officially appointed yet. FalconX CEO Raghu Yarlagadda previously told The Wall Street Journal that the company is considering an IPO and has been aggressively expanding through three acquisitions: derivatives specialist Arbelos Markets, asset management firm Monarq, and crypto ETP issuer 21Shares. Cantor already has an existing relationship with FalconX, having provided over $100 million in Bitcoin-backed credit facilities in 2025.
Cantor Bids for FalconX IPO Advisory Role
TechFlowShare
Summary
Cantor, a Wall Street financial services firm, is competing for the IPO advisory role at crypto institutional broker FalconX, as institutional adoption of digital assets continues to expand. FalconX has not yet selected an underwriter. The company’s CEO previously confirmed plans for an IPO and highlighted recent acquisitions, including Arbelos Markets, Monarq, and 21Shares. Cantor and FalconX already maintain a partnership, with Cantor providing over $100 million in Bitcoin collateral credit in 2025. This development adds to the latest institutional digital asset news.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.