FalconX considers IPO in 2025 amid wave of listings in the crypto industry

FalconX – a prime brokerage firm in the cryptocurrency sector – is beginning discussions on a plan #IPO , which could lead to a filing this year. The information was revealed by three sources close to Decrypt.

This move comes in the context of a growing wave of IPOs in the crypto sector, highlighted by Circle's $1.1 billion listing. #FalconX aims to capitalize on this opportunity to expand strategic partnerships, attract capital, and serve institutional investors increasingly interested in digital assets.

Although it has not officially retained an investment bank, FalconX has discussed with several financial advisors to prepare for a potential stock offering. The company is currently valued at $8 billion following a funding round in 2022.

Founded in 2018, FalconX provides brokerage, trading, custody, and staking services for institutional clients. In 2025, the company acquired Arbelos Markets (the derivatives segment) and partnered with Standard Chartered and Cantor Fitzgerald, expanding its influence and traditional financial infrastructure.

If the IPO is successful, FalconX will join the list of publicly listed crypto companies like Circle, eToro, Fold, and Gemini – marking an important step for the integration between traditional finance and digital assets.