FalconX Acquires Majority Stake in Monarq Asset Management

FalconX has acquired a significant stake in Monarq Asset Management, a leading multistrategy crypto hedge fund. This move marks a strategic expansion for the digital asset prime broker as it seeks to broaden its reach beyond existing client groups like hedge funds and trading firms. FalconX’s investment in Monarq opens doors to serve endowments, pensions, and family offices looking for specialized cryptocurrency-focused investments.