FalconX Acquires Monarq for Enhanced Asset Management Services

Crypto prime broker FalconX has taken a strategic step forward in the digital asset landscape by acquiring a majority stake in Monarq’s parent company. This move aims to expand FalconX’s service offerings and cater to the growing demand from institutional investors seeking comprehensive financial solutions for their crypto assets. The acquisition signifies a shift towards more integrated services, as FalconX leverages Monarq’s expertise to provide broader investment management capabilities to its clients.