-
Public Info posted an update 1 year, 3 months ago
Digital asset prime broker FalconX has acquired a majority stake in Monarq Asset Management, a multi-strategy crypto hedge fund. This strategic move aims to significantly expand FalconX’s institutional-grade digital asset management capabilities and diversify its client base.
Key aspects of the acquisition:
* FalconX’s Goal: FalconX, a leading institutional digital asset prime broker, is focused on building out a more comprehensive offering for institutional investors. By taking a majority stake in Monarq, FalconX can now cater to a broader range of clients, including endowments, pension funds, and family offices, who are increasingly seeking actively managed crypto exposure.
* Monarq’s Expertise: Monarq Asset Management (formerly MNNC Group, and before that, LedgerPrime, which had ties to FTX) is known for its quantitative, delta-neutral, and directional strategies across both centralized and decentralized crypto markets. The firm has a track record dating back to 2017 and is led by experienced professionals from prominent firms.
* Synergies: The acquisition is expected to allow Monarq to accelerate the growth of its quantitative platform and expand its portfolio management team, leveraging FalconX’s extensive network and expertise in digital asset trading and infrastructure. FalconX, in turn, gains access to Monarq’s specialized asset management capabilities.
* Industry Trend: This acquisition is part of a broader trend of consolidation in the crypto space, particularly among private market players, as institutional interest in digital assets continues to grow. FalconX has been actively expanding its footprint, having recently acquired derivatives startup Arbelos Markets and partnered with Standard Chartered for enhanced institutional crypto banking services.
While the financial terms of the deal were not disclosed, this acquisition positions FalconX to capture a larger share of the growing institutional demand for diversified crypto investment solutions.Video courtesy of IPO-VID In Patrick’s Opinion
Video courtesy of IPO-VID In Patrick’s Opinion










































































































































































































































































































































































