Encryption broker FalconX is brewing an IPO with an estimated valuation of $8 billion, or it may submit a listing application within the year.

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On June 19, according to three informed sources, the crypto assets broker FalconX has conducted preliminary discussions regarding an initial public offering (IPO), with the possibility of submitting a listing application as early as this year. This move is expected to help the company further meet institutional investors' rising demand for digital assets.

Sources say that FalconX has held informal talks with bankers and advisors to explore the feasibility of an IPO. As the company accelerates its strategic partnerships and acquisition plans to better serve institutional clients' strong demand for Crypto Assets, FalconX is considering entering the public market.

Currently, FalconX has not hired an investment bank, which is typically the first step in initiating the IPO process. Data shows that FalconX's most recent valuation was $8 billion, based on a $150 million funding round completed in 2022.

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0xDreamChaservip
· 06-21 16:16
Do you think it will succeed?
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ShibaSunglassesvip
· 06-20 13:48
Bear Market listing? Is it still not tragic enough?
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PessimisticOraclevip
· 06-19 00:22
Losing money has become numb.
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DegenApeSurfervip
· 06-19 00:22
The bull run savior has arrived.
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SelfMadeRuggeevip
· 06-19 00:21
Finally, the bull run is coming, right?
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LuckyBearDrawervip
· 06-19 00:09
Bull run signs? Don't panic
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