Falconx Closes First Bitcoin-Backed Financing From Cantor

SAN MATEO, Calif., May 27, 2025 /PRNewswire/ -- FalconX, a leading institutional digital asset prime broker, today announced it has closed its first Bitcoin-backed financing facility from Cantor, a premier global investment bank. This transaction represents the first step in a broader credit framework that FalconX intends to scale beyond $100 million with Cantor.

The transaction marks a pivotal milestone in institutional digital asset adoption, underscoring the growing convergence of traditional finance and crypto infrastructure. Cantor's Bitcoin Financing Business, which expects to make available up to $2 billion of financing in its initial phase, provides leverage to institutional investors who hold Bitcoin, bringing scale, structure, and sophistication to the digital asset industry.

"Over the past two years, we've seen institutional demand for credit grow dramatically, driven by the need for capital-efficient trading, hedging, and liquidity strategies," said Josh Barkhordar, Head of U.S. Sales at FalconX. "Digital assets have lacked the institutional-grade credit infrastructure that's essential to well-functioning capital markets. This collaboration between Cantor and a crypto-native firm represents a significant step toward building that framework, enabling digital assets to function with the same depth and reliability as traditional markets."

"We're pleased to provide FalconX with access to additional funding sources to help them serve their institutional clients with greater flexibility," said Michael Cunningham, Head of Bitcoin Financing at Cantor. "Through our Bitcoin Financing Business, we are excited to expand access to liquidity for digital asset institutions."

As institutions increasingly demand high-trust counterparties to access digital asset markets, FalconX looks to expand its role in bridging traditional and digital finance through secure, scalable credit infrastructure.

Disclaimer: The transaction was conducted by a FalconX entity authorized to transact under applicable U.K. regulations.

About FalconX

FalconX is a leading digital asset prime brokerage for the world's top institutions. We provide comprehensive access to global digital asset liquidity and a full range of trading services. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.

FalconX is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore and Valletta. For more information visit falconx.io or follow FalconX on X and LinkedIn.

"FalconX" is a marketing name for FalconX Limited and its affiliates. Availability of products and services is subject to jurisdictional limitations and FalconX entity capabilities. For more information about which legal entities offer particular products and services, please see the disclosure on our public website, incorporated herein, or reach out to your relationship contact.

Media Contact:

media@falconx.io

View original content:https://www.prnewswire.com/news-releases/falconx-closes-first-bitcoin-backed-financing-from-cantor-302465472.html

SOURCE FalconX

Frequently Asked Questions

What is FalconX?

FalconX is a leading digital asset prime brokerage for institutions, offering comprehensive access to global digital asset liquidity and trading services.

What is Cantor's role in this financing?

Cantor is providing a Bitcoin-backed financing facility to FalconX, aiming to expand access to liquidity for digital asset institutions, with plans to scale up to $2 billion.

What are the benefits of this financing?

This financing provides FalconX's institutional clients with greater flexibility and capital-efficient trading, hedging, and liquidity strategies within the digital asset market.

First published on Wed, May 28, 2025

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