On January 2, FalconX, a cryptocurrency brokerage, confirmed the acquisition of Arbelos Markets.
The announcement came from FalconX’s CEO and co-founder, Raghu Yarlagadda, who shared the news on social media after a report by Bloomberg. Sources had previously suggested the deal would involve a mix of FalconX stock and cash.
However, according to Bloomberg, the transaction terms were finalized without public disclosure.
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According to Yarlagadda, combining Arbelos Markets' trading technology with FalconX’s resources will enable the firm to offer more value to institutional clients. He stated:
This isn’t just about scaling FalconX — it’s about building the foundation for the next phase of crypto market growth. A healthy, transparent derivatives market is key to long-term institutional confidence.
FalconX, launched in 2018, has handled over $1.5 trillion in trading volume, serving over 600 institutions and working with hundreds of tokens. This acquisition aligns with its strategy to expand its offerings and improve services for professional investors.
Meanwhile, Arbelos Markets, founded in 2023 by Joshua Lim and Shiliang Tang, focuses on crypto derivatives. Lim and Tang brought extensive experience from roles at leading firms, including Genesis Global Trading, Galaxy Digital, and LedgerPrime (rebranded as MNNC Group).
As FalconX teams up with Arbelos Markets, cloud-based Bitcoin