Falconedge Allocates IPO Proceeds to Bitcoin Reserves

Newly established hedge fund advisor Falconedge in the United Kingdom has completed pre-IPO financing and plans to dedicate nearly all proceeds from its September IPO to Bitcoin reserves. The company combines both services, offering Bitcoin reserve management alongside traditional hedge fund advisory services, targeting a diverse investor base spanning both traditional finance and the cryptocurrency sector. Falconedge continues the legacy of its parent firm, Falcon Investment Management, which previously oversaw over $850 million in crypto assets and pioneered the first regulated crypto fund in the UK.