FalconX is an institutional crypto prime brokerage that provides comprehensive solutions for trading, custody, and financing.
According to an official announcement from Hivemind, its subsidiary Hivemind Digital Group has completed a $17 million strategic financing round, led by M&G Investments, with participation from CPIC Investment Management (H.K.), ZA Bank, FalconX, and Sonic Boom Ventures, among others. Alex Seddon, Head of Impact and Private Equity at M&G Investments, will join the company's board of directors.
According to PR Newswire, Hivemind Digital Group announced the completion of a $17 million strategic financing round, led by M&G Investments, with participation from CPIC Investment Management (HK), ZA Bank, FalconX, Sonic Boom Ventures, and others. The funds raised will be used to accelerate the development of tokenization infrastructure and expand its capabilities in investing in cutting-edge technologies.
According to CoinDesk, Ethena has reached a $1 billion credit partnership with digital asset prime broker FalconX, deploying USDe synthetic dollar collateral assets into the institutional credit sector. According to the announcement, the financing will be used to fund over-collateralized loans originated by FalconX, with use cases including trading strategies, corporate treasury management, and payments. The loan collateral will be custodied by third-party custodians, and Ethena holds first-priority security interests.
Odaily News Cryptocurrency institutional brokerage firm FalconX has announced a $1 billion secured lending facility (warehouse financing facility) with stablecoin protocol Ethena. The two parties will utilize Ethena's USDe reserve assets through a special purpose vehicle (SPV) to provide overcollateralized credit services to institutional clients.According to the announcement, this facility will connect Ethena's on-chain liquid assets with FalconX's institutional lending demand, channeling on-chain capital into traditional credit markets. Loan assets will be held by qualified custodians, with FalconX responsible for asset origination, loan servicing, and collateral management.Ethena is the developer of the USDe stablecoin protocol. USDe maintains its dollar-pegged stability through crypto asset collateralization and hedging mechanisms, and has already partnered with multiple centralized exchanges and DeFi protocols. FalconX, meanwhile, is a digital asset prime broker serving institutional investors, offering trading, financing, and liquidity services. (PRNewswire)
Digital asset prime broker FalconX will acquire blockchain infrastructure company bloXroute. By combining bloXroute's network technology with FalconX's institutional trading platform, FalconX will accelerate the development of new trading, financing, and prime brokerage capabilities.
According to CoinDesk, cryptocurrency trading firm FalconX has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) and engaged investment banks including Cantor to prepare for its initial public offering (IPO). Sources familiar with the matter said that, due to market conditions, FalconX’s listing is not expected before later this year. Founded in 2018, FalconX primarily provides institutional clients—including hedge funds, asset management firms, and market makers—with digital asset prime brokerage, trade execution, liquidity access, credit, and clearing services. The company raised $150 million in its Series D funding round in 2022, achieving an $8 billion valuation.
Odaily News Digital asset prime broker FalconX has laid off approximately 10% of its global workforce. Before the layoffs, FalconX had around 350 employees across the United States, the United Kingdom, Singapore, and Hong Kong. FalconX is adjusting its Singapore strategy, shifting focus toward crypto derivatives trading, and plans to withdraw its local license application submitted to the Monetary Authority of Singapore. The company intends to maintain its Asian business presence while expanding its European operations.
digital asset management firm Grayscale stated in its latest report that the decentralized trading platform Hyperliquid is rapidly evolving from a crypto perpetual contract exchange into a blockchain-based financial infrastructure platform. In the future, it may even challenge the traditional derivatives trading and exchange systems, growing into a "financial services giant."The report shows that Hyperliquid generated approximately $800 million in revenue in 2025, with a full-year perpetual contract trading volume of about $2.9 trillion and open interest of roughly $7 billion, capturing a significant share of the crypto derivatives market. Grayscale believes the platform is no longer limited to crypto trading. Through the HIP-3 and HIP-4 systems, it is expanding into tokenized stocks, commodities, and prediction markets, gradually building a 24/7 on-chain trading infrastructure.In another report, FalconX also pointed out that Hyperliquid is competing with traditional derivatives exchanges like the CME Group, as well as prediction market platforms such as Kalshi and Polymarket, and is making progress in new markets like Pre-IPO.The report also emphasized that regulation remains a key variable. Although Hyperliquid currently restricts access for US users, as the regulatory framework gradually clarifies and institutions like Coinbase, Robinhood, and Kraken explore perpetual contract products, this sector may see broader growth potential in the future. (CoinDesk)
a report released by FalconX shows that the crypto derivatives platform Hyperliquid is expanding from perpetual contracts to pre-IPO trading, prediction contracts, and tokenized real-world assets, beginning to compete with traditional exchanges and prediction market operators. The report indicates that Hyperliquid's HIP-3 market allows users to trade stocks, commodities, forex, and pre-IPO contracts 24/7, with traders already using it for pre-IPO speculation on companies such as Cerebras, Anthropic, and SpaceX. The HIP-4 outcome market allows traders to place binary bets on political, economic, and crypto events.In terms of capital inflows, the HYPE spot ETFs launched by 21Shares and Bitwise have attracted a combined $53 million in inflows within just a few trading days. Hyperliquid's USDC partnership with Coinbase and Circle is expected to generate up to $160 million in annual protocol revenue. FalconX warns that CME and ICE have expressed concerns to regulators about potential market manipulation risks on the Hyperliquid market. Nevertheless, Hyperliquid continues to lead the decentralized perpetual contract market in terms of trading volume, revenue, and total value locked. (CoinDesk)
Odaily News According to on-chain analyst Ai Yi's monitoring, Arthur Hayes (0x6cd...47e21) received 39,000 UNI tokens from FalconX in the past hour, valued at $282,000, bringing his total UNI holdings to 284,100 tokens with a total value of $2.007 million and an average withdrawal price of $7.06. This marks Arthur Hayes' first significant UNI transaction in 9 months, with UNI now becoming his third-largest on-chain asset holding.
Odaily News, according to Lookonchain monitoring, a whale purchased another 430,200 HYPE today, worth $35.1 million. A newly created address withdrew 94,100 HYPE from FalconX 2 hours ago, worth $7.66 million.
Odaily News: According to on-chain analyst Ember's monitoring, a whale/institution accumulated and staked 2.886 million HYPE at an average price of approximately $19.8 early last year, and completed its full liquidation over the past month at around $64.9, realizing a profit of $132 million—a return rate of 228%. 20 minutes ago, the address transferred its final 969,000 HYPE, worth approximately $79.18 million, to Coinbase Prime and FalconX.
According to monitoring by Ash, HYPE rallied following news of Hyperliquid's plans to enter the U.S. market. Subsequently, a wallet transferred 488,600 HYPE tokens (valued at approximately $40.91 million), which it had accumulated via FalconX five months earlier, to Hyperliquid and staked them. The wallet's entry price was around $35, generating an unrealized profit of approximately $23.73 million on the position and a return of roughly 138%.
Odaily News, according to Onchain Lens monitoring, a whale accumulated 488,600 HYPE from FalconX approximately 5 months ago for around $17.18 million. The position is currently valued at approximately $41.09 million, with unrealized profits of about $23.91 million and a return rate of 139%. The whale has staked all of their HYPE on Hyperliquid.
According to on-chain analytics platform Lookonchain (@lookonchain), a newly created wallet (0x72e0) received 440,000 HYPE worth approximately $37.25 million from FalconX 30 minutes ago.
According to monitoring by Ash, HYPE rallied following news of Hyperliquid's plans to enter the U.S. market. Subsequently, a wallet transferred 488,600 HYPE tokens (valued at approximately $40.91 million), which it had accumulated via FalconX five months earlier, to Hyperliquid and staked them. The wallet's entry price was around $35, generating an unrealized profit of approximately $23.73 million on the position and a return of roughly 138%.
Sui Foundation and Mysten Labs launched the Bitcoin mortgage protocol Hashi testnet on July 22, allowing BTC to provide collateral support for on-chain lending and credit markets without being wrapped into synthetic tokens or bridged across chains. Hashi keeps Bitcoin on the Bitcoin network, with deposits secured by a 2-of-2 multi-signature mechanism that requires simultaneous signatures from Hashi's multi-party computation validators and an independent Guardian Layer. Loan terms and collateral positions are recorded on-chain, allowing lenders to view the collateral backing. Over 25 institutional partners are testing Hashi's lending and credit applications, including Bitgo, Cumberland, FalconX, Ledger, Blockdaemon, Bullish, as well as Sui ecosystem lending platforms Navi and Scallop. Wave Digital Assets has committed to advancing a three-year Bitcoin yield bond tokenization plan on Sui after the Hashi mainnet launch. Hashi has not yet announced a mainnet launch date. Sui previously unveiled the Hashi development network phase in March, positioning the protocol as a solution to improve capital efficiency for the approximately 1.4 trillion dollar Bitcoin market.
prediction market platform Polymarket has disclosed the completion of its first institutional on-chain block trade. The six-figure USD transaction was executed on the Polygon blockchain by digital asset broker FalconX and AI risk settlement infrastructure startup Anera Labs, targeting contracts related to the Ornn Compute Price Index, which tracks the rental price of NVIDIA H100 GPU chips. Polymarket stated that this is the first institutional on-chain block trade in the prediction market field. Going forward, FalconX will also serve as the exclusive market maker for block trades on the Polymarket platform to support institutional clients' liquidity needs and price discovery. (CNBC)
a report released by FalconX shows that the crypto derivatives platform Hyperliquid is expanding from perpetual contracts to pre-IPO trading, prediction contracts, and tokenized real-world assets, beginning to compete with traditional exchanges and prediction market operators. The report indicates that Hyperliquid's HIP-3 market allows users to trade stocks, commodities, forex, and pre-IPO contracts 24/7, with traders already using it for pre-IPO speculation on companies such as Cerebras, Anthropic, and SpaceX. The HIP-4 outcome market allows traders to place binary bets on political, economic, and crypto events.In terms of capital inflows, the HYPE spot ETFs launched by 21Shares and Bitwise have attracted a combined $53 million in inflows within just a few trading days. Hyperliquid's USDC partnership with Coinbase and Circle is expected to generate up to $160 million in annual protocol revenue. FalconX warns that CME and ICE have expressed concerns to regulators about potential market manipulation risks on the Hyperliquid market. Nevertheless, Hyperliquid continues to lead the decentralized perpetual contract market in terms of trading volume, revenue, and total value locked. (CoinDesk)
According to GlobeNewswire, Intchains Group, an Ethereum treasury company listed on Nasdaq, has announced the latest progress on its Ethereum staking initiatives and strategic transformation. As of April 16, 2026, the company has staked a cumulative total of 8,040 ETH—1,000 ETH deployed on the FalconX platform and 7,040 ETH deployed on its proprietary Goldshell Stake platform. Its current multi-platform staking strategy helps enhance returns and diversify risk. The company also announced an accelerated transition toward an AI-powered operational model, focusing on introducing automation and intelligent tools across chip and product development, marketing and sales, and overall operations to improve efficiency and decision-making capabilities.
Odaily News According to on-chain analyst Ai Yi's monitoring, Arthur Hayes (0x6cd...47e21) received 39,000 UNI tokens from FalconX in the past hour, valued at $282,000, bringing his total UNI holdings to 284,100 tokens with a total value of $2.007 million and an average withdrawal price of $7.06. This marks Arthur Hayes' first significant UNI transaction in 9 months, with UNI now becoming his third-largest on-chain asset holding.
Odaily News, according to Lookonchain monitoring, a whale purchased another 430,200 HYPE today, worth $35.1 million. A newly created address withdrew 94,100 HYPE from FalconX 2 hours ago, worth $7.66 million.
Odaily News: According to on-chain analyst Ember's monitoring, a whale/institution accumulated and staked 2.886 million HYPE at an average price of approximately $19.8 early last year, and completed its full liquidation over the past month at around $64.9, realizing a profit of $132 million—a return rate of 228%. 20 minutes ago, the address transferred its final 969,000 HYPE, worth approximately $79.18 million, to Coinbase Prime and FalconX.
According to monitoring by Ash, HYPE rallied following news of Hyperliquid's plans to enter the U.S. market. Subsequently, a wallet transferred 488,600 HYPE tokens (valued at approximately $40.91 million), which it had accumulated via FalconX five months earlier, to Hyperliquid and staked them. The wallet's entry price was around $35, generating an unrealized profit of approximately $23.73 million on the position and a return of roughly 138%.
According to Lookonchain, BitMine, associated with Fundstrat co-founder Tom Lee, allegedly purchased 51,000 ETH from FalconX and BitGo about two hours ago, worth approximately $126 million.
According to Onchain Lens, a wallet suspected to be associated with BitMine received and increased its holdings by 20,000 ETH from FalconX, valued at approximately $49.42 million.