Crypto trading firm FalconX files confidentially with SEC for IPO, hires Cantor Fitzgerald as advisor
By
Will Canny
2d ago· 3 min readenNews
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Summary
Crypto trading firm FalconX has confidentially filed a draft S-1 registration with the SEC and hired Cantor Fitzgerald and other bankers to advise on a potential IPO. The California-based company's public listing is not expected until the end of the year due to current market conditions. The filing represents an initial step toward going public, though timing remains uncertain amid volatile crypto market conditions.
Key quotes
· 3 pulledCrypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a potential public listing, according to a person with knowledge of the matter.
FalconX has hired Wall Street heavyweight Cantor and other bankers to advise on its initial public offering (IPO), the person said, who spoke on condition of anonymity as the matter is private.
The California-based company's IPO is not expected to happen until the end of the year, given market conditions, the person added.
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
