Raghu Yarlagadda, CEO of FalconX, a $3.5 billion crypto institutional service provider and prime broker, in conversation with Forbes, on how institutions have evolved their approach towards the industry, not only in terms of the assets they trade but also trading behaviors during market volatility.

FalconX CEO Raghu Yarlagadda Is Preparing To Power The Next Billion Crypto Investors

In this interview with Forbes, the discussion goes like this:

Forbes: To begin, can you please describe FalconX for my readers?

Raghu Yarlagadda: FalconX is an institutional brokerage. We serve a diverse set of institutions, including some of the world's largest hedge funds, asset managers, retail aggregators and crypto native funds. And with these institutions, we do three things as a brokerage. The first is trading, second is credit and third thing is clearing. One of the things that we're focused on as a company is the next billion users that are coming into crypto. They're not just going to the well-known retail crypto exchanges. But what we see is that they are going to existing FinTech applications tand traditional brokerages. FalconX is looking to power that revolution. If you're a FinTech company or if you're a traditional broker it could take two-four years to offer those services. We are enabling the transformation in a matter of 72 hours in some cases. So for institutions, we had a brokerage that's focused on trading credit and clearing, and we are powering a lot of FinTech applications and traditional brokers as well as their offering crypto users.

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Forbes: The prime brokerage space in crypto is getting a lot of attention right now. What sets you apart from the competition?

Yarlagadda: The number of traditional institutions coming into the space is just tremendous. As these institutions come in, the big pain point they care about is having access to credit and clearing under the same roof. Why? Without that seamless interplay of clearing and credit, your balance sheet is not as efficient. The generation of institutional crypto was largely going to retail exchanges. Now a lot of players are coming to brokers because they want this cohesive, integrated institutional workflow. Now, what first sets FalconX apart is pricing advantages. We use a variety of machine learning and data science techniques to extract pricing in a very reliable, secure way and give it to our customers. The reason why they stay with us for the long term is the integration of services like creating and credit coming very, very closely together. For example, without FalconX, they used to go to a credit shop, get a $2 million loan on a long-term loan and then go to a retail exchange to express their views on the market. But this workflow used to take a month. With FalconX all that can be done with by with 120 seconds.

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Read the entire article on Forbes to get an answer to these questions:

How FalconX takes a unique approach to credit issuance and pricing
Why many institutions have suddenly gotten ‘diamond hands’
How it is no longer the ‘Bitcoin and Ethereum’ show for investors
Why offering NFT services is no longer optional
Which institutions really care about Tether’s controversial reputation

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Disclaimer

This material is for informational purposes only and is only intended for sophisticated or institutional investors. Neither FalconX Limited, FalconX Bravo, Inc., FalconX Delta, Inc., FalconX Foxtrot Pte Ltd., FalconX Golf Pte Ltd., Solios, Inc., Falcon Labs, Ltd., KestrelX, Ltd., nor Banzai Pipeline Limited (separately and collectively “FalconX”) service retail counterparties, and the information on this website is NOT intended for retail investors. The material published on this website is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX or any of its affiliates. Any information contained in this website is not and should not be regarded as investment research, debt research, or derivatives research for the purposes of the rules of the CFTC or any other relevant regulatory body.

Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory, and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. Pursuant to the Dodd-Frank Act, over-the-counter derivatives are only permitted to be traded by "eligible contract participants" (“ECP”s) as defined under Section 1a(18) of the CEA (7 U.S.C. § 1a(18)). Do not consider derivatives or structured products unless you are an ECP and fully understand and are willing to assume the risks.
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Solios, Inc. and FalconX Delta, Inc. are registered as federal money services businesses with FinCEN. FalconX Bravo, Inc. is registered with the U.S. Commodities Futures Trading Commission (CFTC) as a swap dealer and a member of the National Futures Association. FalconX Limited, FalconX Bravo, Inc., FalconX Delta, Inc., Falcon Labs Ltd., and Solios, Inc. are not registered with the Securities & Exchange Commission or the Financial Industry Regulatory Authority. FalconX Golf Pte. Ltd. is not required to be registered or licensed by the Monetary Authority of Singapore (MAS). MAS has granted FalconX Foxtrot Pte. Ltd. a temporary exemption from holding a license under the PSA for the payment services caught under the expanded scope of regulated activities for a specified period. FalconX Limited is a registered Class 3 VFA service provider with the Malta Financial Services Authority under the Virtual Financial Assets Act of 2018. FalconX Limited is licensed to provide the following services to Experienced Investors, Execution of orders on behalf of other persons, Custodian or Nominee Services, and Dealing on own account. FalconX’s complaint policy can be accessed by sending a request to complaints@falconx.io

"FalconX" is a marketing name for FalconX Limited and its affiliates. Availability of products and services is subject to jurisdictional limitations and capabilities of each FalconX entity. For information about which legal entities offer trading products and services, or if you are considering entering into a derivatives transaction, please reach out to your Sales or Trading representative.

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