Public company, workplace, funding, and market signals
Updated Aug 16, 2026
FalconX is a privately held institutional digital-asset prime brokerage providing trading, financing, custody, clearing, derivatives, and related capital-markets infrastructure to financial institutions. Its platform offers 24/7 access to global digital-asset liquidity through proprietary technology, APIs, and institutional services.
Primary product
Institutional digital-asset prime brokerage platform covering spot and derivatives trading, financing, custody, clearing, liquidity access, and capital-markets infrastructure.
Founded
2018
Headquarters
1850 Gateway Drive, 6th Floor, San Mateo, California 94404, United States
Team size
201-500
Work style
Hybrid
Industry
Financial Services
Sub-industry
Digital-asset prime brokerage and institutional cryptocurrency infrastructure
Offices
Business model
Stage
Late-stage private company; reported Series C and subsequent private financing/debt rounds
Total raised
$477M
Latest round
Debt financing · Jun 2025
Jun 2025 · Cantor Fitzgerald
Aug 2021 · Altimeter Capital, Sapphire Ventures, B Capital Group, and Tiger Global Management
Mar 2021 · B Capital and Tiger Global Management
Jun 2020
Aug 2019 · Accomplice
Accel
Leadership
Co-Founder & Chief Executive Officer
Brian Walter Crist
Chief Legal & Compliance Officer; Corporate Secretary
Shekhar Kirani
Executive Officer and Director
Chief Security Officer
Director of Engineering
Head of Lending
Head of Institutional Coverage, International
Head of Business Development, Fintech & Payments
Founders
Co-Founder
Investors
Public signals emphasize institutional trust, security, regulatory readiness, 24/7 client coverage, and a mix of financial-markets, crypto, and technology expertise. Employee-review signals indexed by Exa show a 3.5/5 overall rating, with compensation rated 3.9/5, career 3.7/5, culture 3.2/5, and work-life balance 3.1/5. These ratings are third-party signals rather than company-confirmed facts.
Work style
Hybrid
Compensation
No reliable public salary bands were identified. Third-party employer signals rate compensation 3.9/5, but this is not a substitute for role-specific compensation data.
Pricing
Custom institutional pricing; public evidence indicates bespoke execution, financing, custody, and service arrangements rather than self-serve posted pricing.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$10M-$20M annually; Exa estimated approximately $15.4M
Estimated monthly visits
48K
Traffic estimate as of Jun 2026
FalconX reportedly paid approximately $1.8 million in disgorgement and penalties to the U.S. Commodity Futures Trading Commission over alleged failure to register as a futures commission merchant; the reported settlement also required cessation of certain services to U.S. residents.
SourceCoinDesk reported a wave of approximately 10–15 departures, including senior European, credit, legal, compliance, and trading personnel. FalconX said headcount had approximately doubled the prior year and declined to comment on personnel matters.
SourceFalconX acquired crypto-derivatives trading firm Arbelos Markets in a transaction with undisclosed terms.
SourceFalconX took a majority stake in Monarq Asset Management to expand its asset-management offering; transaction terms were not disclosed.
SourceFalconX completed its acquisition of 21shares, a major crypto exchange-traded-product provider. 21shares remained independently managed under FalconX.
SourceFalconX · Nov 2025
Completion of the 21shares acquisition expanded FalconX into listed digital-asset products and asset management while preserving independent management of 21shares.
FalconX · Oct 2025
FalconX announced its acquisition of 21shares, combining institutional prime-brokerage infrastructure with one of the largest crypto ETP platforms. The deal was completed on 2025-11-20.
CoinDesk · Mar 2025
CoinDesk reported 10–15 recent departures, including several senior executives and control-function leaders. FalconX said it continued to grow and declined to comment on personnel matters.
FalconX · Jan 2025
FalconX acquired Arbelos Markets to strengthen crypto-derivatives liquidity, systematic trading, and bespoke derivatives capabilities.
FalconX / Business Wire · Aug 2021
FalconX announced a $210 million Series C led by Altimeter Capital and Sapphire Ventures, with participation from existing investors, at a reported $3.75 billion valuation.
21 jobs at FalconX