FalconX selected by Xapo Bank as its primary liquidity provider
We’re pleased to announce our strategic partnership with Xapo Bank, a regulated bank and Bitcoin custodian based in Gibraltar. Through this partnership, FalconX will serve as Xapo Bank’s primary Bitcoin liquidity provider, giving them access to our institutional-grade liquidity and advanced trading infrastructure.
FalconX’s trading infrastructure has been built with reliability and security at the forefront, offering consistent uptime and 24/7/365 dedicated support. Our robust compliance framework ensures that every counterparty is thoroughly vetted with rigorous KYC/AML protocols, giving Xapo Bank the confidence to trade securely. Additionally, FalconX consistently offers competitive pricing, outperforming leading global crypto exchanges over 90% of the time in BTC and ETH trades.*
*Figure reflects YTD 2024 performance as of August 1, 2024, assuming 3 bps exchange fees and no slippage.
Seamus Rocca, CEO of Xapo Bank, shared his thoughts on the partnership: “By collaborating with FalconX, we’ve enhanced our ability to provide our customers with reliable access to Bitcoin. FalconX’s infrastructure and competitive pricing have been key in strengthening our trading capabilities, allowing us to offer even more value to our clients.”
This partnership with Xapo Bank highlights FalconX’s commitment to supporting retail platforms and banks with institutional-grade liquidity and a full suite of prime services, including lending, borrowing, FX, and more. Our comprehensive offering empowers platforms like Xapo Bank to confidently navigate the complexities of the global trading ecosystem.
Solios, Inc. and FalconX Delta, Inc. are registered as federal money services businesses with FinCEN. FalconX Bravo, Inc. is registered as a swap dealer with the U.S. Commodities Futures Trading Commission (CFTC) and is 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 licensed by the MFSA as a Class 2 Crypto-Asset Service Provider (Regulation (EU) 2023/1114). It is also licensed as a Financial Institution (Cap. 376) exclusively for EMT payment services. FalconX’s complaint policy can be accessed by sending a request to complaints@falconx.io
"FalconX" is a marketing name for the FalconX Group and its affiliates. Availability of products and services can be subjected to jurisdictional restrictions and operational 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.
