Crypto firm FalconX confidentially files for US IPO

Cryptocurrency prime brokerage FalconX has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO), CoinDesk reported. Citing a source familiar with the matter, the report noted that FalconX has retained several financial institutions, including Wall Street investment firm Cantor, as advisors. The potential IPO remains a private matter, and the actual listing is expected in the second half of this year or possibly next year, contingent on market conditions.