Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
- FalconX plans to acquire Arbelos Markets, a derivatives startup, to improve its crypto trading and liquidity offerings.
- Arbelos Markets has raised $28 million to expand its infrastructure and rebuild trust in crypto derivatives markets.
FalconX, a well-known crypto trading and brokerage platform, is reportedly in advanced talks to acquire Arbelos Markets, a derivatives-focused startup founded in 2023 by seasoned cryptocurrency veterans Joshua Lim and Shiliang Tang, according to Bloomberg. Expected to be announced soon, this transaction is likely to be financed with a combination of cash and FalconX stock.
In its short existence, Arbelos Markets has become somewhat famous as the main source of liquidity for crypto derivatives. The company specializes in providing liquidity through options and futures products along with a transparent trading infrastructure.
Arbelos has created its own Transparency Engine to help build trust in the impermanent crypto markets. Setting the standard for accountability and operational clarity in the industry, this technology provides real-time insight into your risk profile, balance sheet and counterparty exposure.
Arbelos provides financing and becomes a strategic target for FalconX
Arbelos closed a $28 million funding round led by Dragonfly Capital in May 2024 with participation from major players in the sector, including FalconX itself, Circle Ventures, Paxosand Deribit. The money raised went towards improving Arbelos’ commercial facilities, increasing staff and expanding the production line.
These initiatives have positioned the company as a desirable acquisition candidate, especially for FalconX, which is looking to expand its derivatives to meet growing market needs.
The acquisition will help FalconX provide a more complete portfolio of trading solutions by strengthening its infrastructure and expanding its service offerings. This coordination of resources and knowledge is likely to help FalconX serve institutional clients and support its leadership in the digital asset trading space.
FalconX’s strategic acquisition of Arbelos shows its commitment to stay ahead in this competitive environment as the crypto company’s growth depends on the derivatives market.
On the other hand, CNF previously recorded another significant change in the crypto space: MoonPay’s intentions to buy Helio, its biggest purchase to date, to support its crypto payment systems. Furthermore, Venmo’s partnership with MoonPay now allows 60 million Americans to instantly buy crypto through their Venmo accounts.
