FalconX Acquires Majority Stake in Monarq Asset Management: Expanding Institutional Services

FalconX, a leading crypto prime broker, has made a strategic move by acquiring a majority stake in Monarq Asset Management, a multi-strategy crypto hedge fund. This acquisition aims to bolster FalconX’s service offerings for institutional clients and expand its reach within the digital asset market. The deal highlights the growing interest from institutions in cryptocurrency investing, with FalconX now well-positioned to cater to a broader client base.