kindvibes
@kindvibes
FalconX has taken over most of the shares in the parent company behind Monarq, which once belonged to FTX. This aims to grow their institutional customer base and expand into asset management services right now. This year, FalconX also bought Arbelos Markets—a derivatives start-up—and partnered with Standard Chartered bank. These moves probably help with boosting their quant strategies and hiring more people, but terms weren't shared in the story period.
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