FalconX Announces Investment from American Express Ventures and Discloses Around $3 Billion per Month in Transaction Volumes
FalconX Announces Investment from American Express Ventures and Discloses Around $3 Billion per Month in Transaction Volumes
12/16/20, 3:29 PM
Location
san franciscoMoney raised
$3 billion
FalconX, an all-in-one platform for institutions trading cryptocurrency, announced an investment from American Express Ventures. American Express Ventures joined existing investors Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments, adding to the $17 million in funding FalconX announced on May 13, 2020.
Company Info
Location
san francisco, california, united states
Additional Info
FalconX is an all-in-one cryptocurrency and digital assets financial services platform facilitating trading, credit, and clearing for institutions. The company is backed by Accel, Accomplice VC, Altimeter Capital, B Capital Group, American Express Ventures, CMT Digital, Coinbase Ventures, Flybridge Capital Partners, Lightspeed Venture Partners, Mirae Asset, Sapphire Ventures, Tiger Global Management and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments. FalconX has offices in Silicon Valley, Chicago, Bengaluru, and Malta. For more information visit falconx.io.