FalconX Launches Prime Connect, a New Custody and Credit Service for Institutional Crypto Trading
Cryptocurrency trading firm FalconX has launched a new prime brokerage service called Prime Connect, which allows institutions to trade on exchanges while their funds remain in regulated, bankruptcy-remote custody. The service also includes post-trade settlement, institutional-grade credit, and portfolio margining. Deribit, the world's leading crypto options exchange, is the first to integrate FalconX's prime broking and custody solution. FalconX plans to integrate the service with other exchanges in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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