FalconX, the California-based cryptocurrency exchange, has raised $50 million from Tiger Global and B Capital Group by highlighting once again that digital assets are becoming more mainstream. It has been reported that FalconX did not specify how the funds would be deployed, but if it’s anything like previous fundraisers, the money will likely go towards business development. However, FalconX raised $17 million in May 2020 to finance several growth initiatives, including addi

FalconX, an institution-facing liquidity aggregator, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC, the parent company of Fidelity Investments, amidst the COVID-19 slowdown. It has been reported that FalconX will use the funds to scale its infrastructure, introduce new products, and expand its trade execution engine. However, FalconX trades as a principal by offering inst