Deals
Crypto Brokerage FalconX Buys Derivatives Startup Arbelos Markets
- Arbelos Markets raised $28 million in a May funding round
- Terms of the cash-and-equity transaction weren’t disclosed
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Digital-asset prime brokerage firm FalconX has acquired Arbelos Markets, a derivatives startup launched in 2023 by two crypto industry veterans.
Terms of the transaction weren’t disclosed. Bloomberg News reported on Tuesday that the transaction was expected to be financed through a mix of cash and FalconX stock, according to people familiar with the deal, who asked not to be identified because the discussions were private.