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#FTXRefunds FalconX, the cryptocurrency brokerage, acquires the hedge fund previously owned by FTX
The cryptocurrency brokerage FalconX has acquired a majority stake in Monarq Asset Management, a company previously owned by the bankrupt FTX exchange.
📇 This move aims to expand FalconX's institutional client base.
FalconX has been actively working to expand its market presence after previously acquiring the emerging company Arbelos Markets and partnering with Standard Chartered.
#FalconX X
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