{"id":63293,"date":"2022-06-22T14:49:32","date_gmt":"2022-06-22T11:49:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63293"},"modified":"2025-09-05T23:13:54","modified_gmt":"2025-09-05T20:13:54","slug":"falconx-raises-150-million-at-an-8-billion-valuation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/falconx-raises-150-million-at-an-8-billion-valuation\/","title":{"rendered":"FalconX raises $150 million at an $8 billion valuation"},"content":{"rendered":"<p>The institutionally oriented cryptocurrency platform FalconX raised $150 million in a Series D funding round. The round valued the company at $8 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Excited to announce our $150M <a href=\"https:\/\/twitter.com\/hashtag\/SeriesD?src=hash&#038;ref_src=twsrc%5Etfw\">#SeriesD<\/a> led by GIC and <a href=\"https:\/\/twitter.com\/BCapitalGroup?ref_src=twsrc%5Etfw\">@BCapitalGroup<\/a>. Institutional <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#crypto<\/a> is alive and well, and alongside the world\u2019s leading investors, we\u2019re powering the next stages of <a href=\"https:\/\/twitter.com\/hashtag\/digitalasset?src=hash&#038;ref_src=twsrc%5Etfw\">#digitalasset<\/a> transformation. <a href=\"https:\/\/t.co\/s2fBOVwcdv\">https:\/\/t.co\/s2fBOVwcdv<\/a> <a href=\"https:\/\/t.co\/Lmm2AAzPXL\">pic.twitter.com\/Lmm2AAzPXL<\/a><\/p>\n<p>\u2014 FalconX (@falconxnetwork) <a href=\"https:\/\/twitter.com\/falconxnetwork\/status\/1539567808400474112?ref_src=twsrc%5Etfw\">June 22, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by GIC and B Capital with participation from Thoma Bravo, Wellington Management, Adams Street Partners and Tiger Global Management.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;These investments are a confirmation of our client-focused approach, the health and strength of the crypto industry, and the movement toward the transformation of digital assets,&#8221; said FalconX founder and CEO Raghu Yarlagadda.<\/p>\n<\/blockquote>\n<p>The company noted that, despite market volatility, the first quarter of 2022 was its most successful to date in attracting new clients. This was attributed to demand for brokerage services from a broad base of institutional investors, according to FalconX.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are at the early stages of the shift toward the digital transformation of assets, and cryptocurrencies are the first use case. Soon every asset will undergo tokenization and become truly global,&#8221; the press release said.<\/p>\n<\/blockquote>\n<p>Earlier, several large cryptocurrency companies, including <a href=\"https:\/\/forklog.news\/coinbase-sokratit-okolo-18-sotrudnikov\/\">Coinbase<\/a>, <a href=\"https:\/\/forklog.news\/glava-crypto-com-anonsiroval-sokrashenie-shtata\/\">Crypto.com<\/a> and <a href=\"https:\/\/forklog.news\/blockfi-uvolit-pyatuyu-chast-personala\/\">BlockFi<\/a>, said they were cutting staff in the current market conditions. FalconX stressed that it continues to hire staff across various departments.<\/p>\n<p>Back in August 2021, FalconX closed a Series C <a href=\"https:\/\/forklog.com\/en\/news\/falconx-raises-210-million-at-a-3-75-billion-valuation\">for $210 million<\/a> with a valuation of $3.75 billion.<\/p>\n<p>Read ForkLog\u2019s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The institutionally oriented cryptocurrency platform FalconX raised $150 million in a Series D round. The round valued the company at $8 billion.<\/p>\n","protected":false},"author":1,"featured_media":63294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1133],"class_list":["post-63293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=63293"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63293\/revisions"}],"predecessor-version":[{"id":63295,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63293\/revisions\/63295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/63294"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=63293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=63293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=63293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}