FalconX Debuts London FX Desk to Enhance Crypto Market Liquidity
CryptoNewsTerminal Staff28 May, 2024
FalconX Debuts London FX Desk to Enhance Crypto Market Liquidity
FalconX, a leading institutional crypto prime brokerage, has launched a specialized foreign exchange (FX) desk in London, UK, to cater to the evolving needs of crypto businesses. This strategic move positions FalconX as a key player in the growing digital asset market. The London FX desk provides institutional crypto participants, such as exchanges and brokers, access to 20 FX currency pairs. These include widely traded currencies like the US dollar, euro, and British pound. "Our FX desk launch signifies our commitment to expanding FalconX's service offerings and strengthening the infrastructure of the digital asset markets," said Austin Reid, FalconX's global head of business. "By offering FX liquidity to a diverse range of institutional participants, we are fulfilling a critical need within the crypto ecosystem." FalconX's FX desk leverages advanced technology and expertise to ensure efficient and secure execution of FX trades. This move is part of FalconX's ongoing efforts to provide innovative solutions that support the growth and maturity of the crypto industry.
