About FalconX
FalconX is a Financial Services company based in San Francisco (United States) founded in 2018 by Prabhakar Reddy and Raghu Yarlagadda. Cryptocurrency trading and investment solutions are offered to institutions. It operates on a Brokerage / Intermediation, Direct-to-Consumer (D2C), and FinTech model. FalconX has raised $430 million across 7 funding rounds from investors including Coinbase, Fidelity Investments and American Express. The company has 602 employees. FalconX has completed 3 acquisitions, including 21Shares, Arbelos Markets and Bloxroute. FalconX was last valued at $8 billion in June 2025. Its chief executive, as recorded, is Raghu Yarlagadda. Its website falconx.io draws about 49 thousand monthly visits. Its Indian entity Falconx Echo Private Limited reported revenue of ₹1.8 Lakh. FalconX offers products and services including FalconX 360, Focal, Trading Solutions, Custody Services, and Financing Options. Its focus areas include Financials, Capital Markets and Cryptocurrency Brokerage. Its competitors include Consensys, BlockFi and BitGo; 3 of its 3 listed competitors have raised funding.
Company details
FalconX is established as a prime brokerage specializing in digital asset markets, offering deep liquidity, financing, and advanced technology solutions. Services provided include trading of spot and derivatives, custody, direct market access, and ETF solutions. The company is trusted by asset managers, hedge funds, and financial institutions globally to navigate fragmented crypto markets. Platforms like FalconX 360 and Focal are developed to support seamless electronic trading and provide AI-driven insights. Operations are tailored to institutional needs, ensuring 247 access and comprehensive risk management.
- Headquarters San Francisco, United States
- Employees 602
- Founders Prabhakar Reddy, Raghu Yarlagadda
- Stage Unicorn
- SectorsFinancial Services
- Website category Finance · Investing
- Email••••••••
- Website falconx.io
- Social LinkedIn X Facebook
- Legal Name Falconx Delta, Inc.
- Date of Incorporation 31 Jan, 2022
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹1.8 Lakh
FY 2025
- Indian entity net loss-₹2.7 Lakh
FY 2025 · -151% margin
- Indian entity EBITDA-₹2.6 Lakh
FY 2025 · -144% margin
- Total Equity Funding$430M (USD)
in 7 rounds
- Latest Funding Round$150M (USD), Series D
Jun 2022
- InvestorsCoinbase
& 27 more
- Employee Count602
- Investments & Acquisitions21Shares
& 2 more
Associated legal entities of FalconX
FalconX operates through Falconx Echo Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Falconx Echo Private Limited CIN U72900KA2022FTC157280 | Active | 31 Jan 2022 | Bangalore, Karnataka | ₹0.0 Cr | 3 | View details |
Products & Services of FalconX
FalconX offers a comprehensive portfolio of products and services, including FalconX 360, Focal, Trading Solutions, Custody Services, and Financing Options.
An all-in-one platform for electronic trading operations.
AI engine providing expertise in crypto markets.
Services for spot and derivatives crypto trading.
Integrated custody solutions for digital asset security.
Margin loans and flexible settlement for clients.
Funding Insights of FalconX
FalconX has successfully raised a total of $430M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $430M
- Total Rounds 7
- Last Round Series D — $150M
- Investors Count 28
All 7 funding rounds of FalconX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $150M | Series D | $8B | GIC, B Capital | |
| Aug 2021 | $210M | Series C | $3.75B | Altimeter Capital, Sapphire Ventures | |
| Mar 2021 | $50M | Series B | $••••• | Tiger Global Management, B Capital | |
| Dec 2020 | Series A | – | American Express | ||
| May 2020 | $17M | Series A | – | – | |
| Jan 2019 | Seed | – | – | F-Prime Capital | |
| Jun 2018 | Seed | – | Accel | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $8B | •••••••• |
| Aug 2021 | $3.75B | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of FalconX
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $8B (Jun 2025). 28 investors in total: 28 institutional.
Investors in FalconX
FalconX has secured backing from 28 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, Fidelity Investments and American Express.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Private markets investment management with strategies in equity, credit, and secondary investments. | adamsstreetpartners.com | |||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Long/short equity hedge fund and VC fim | altimeter.com | Boston, United States | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Accomplice is engaged in venture capital investments for startups. | accomplice.co | Boston, United States | ||
Early-stage blockchain technology companies are invested in by the firm. | cmt.digital | Chicago, United States |
Investor details for FalconX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Falconx Echo Private Limited (FalconX)
Falconx Echo Private Limited is the primary company behind FalconX. The board of Falconx Echo Private Limited currently have 3 directors; the longest-serving is Nikhil Narayana Kadengodlu, appointed in 2022. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Narayana Kadengodlu DIN 09486827 | Director | 31 Jan 2022 | 4 yrs 9 mo | Falconx Echo Private Limited |
| Akhil Aggarwal DIN 07869188 | Director | 11 Jul 2023 | 3 yrs 4 mo | Falconx Echo Private Limited |
| Malavika Sahoo DIN 10119374 | Director | 14 Sep 2023 | 3 yrs 1 mo | Falconx Echo Private Limited |
People of FalconX
130 people are tracked at FalconX (35 in leadership, 3 in board & advisors, 92 in team); the tracked headcount is 602.
| Name | Role | Group |
|---|---|---|
Prabhakar Reddy | Co-Founder & COO | Leadership |
Raghu Yarlagadda | Co-Founder & CEO | Leadership |
Kayam Rajaram | General Manager | Leadership |
Dan Lea | Director Of Strategic Opportunities | Leadership |
Austin Reid | Global Head Of Revenue & Business | Leadership |
Ivan Galli | VP, Corporate Strategy | Leadership |
| Senior Director Of Engineering | Leadership | |
Sujay J | VP, Security | Leadership |
Ave D. King | Chief Compliance Officer & MLRO | Leadership |
Helia Kavoosi | Chief Of Staff | Leadership |
Suzy Walther | Head of People | Leadership |
Bob Rutherford | VP, Operations | Leadership |
Prathab Murugesan | Head of Engineering | Leadership |
Andrew Trout | Head Of Talent Acquisition | Leadership |
Jennifer Leung | VP of HR, Americas | Leadership |
| Director Of People | Leadership | |
Jennifer L. | Vp, Head Of People (us) | Leadership |
Connor Siwik | Director - Digital Asset Trading | Leadership |
Ben Dapkiewicz | General Manager, Custody | Leadership |
Kai W. | Director Of Engineering | Leadership |
110 more people are available in the full profile.
Complete people profiles for FalconX
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Financials of FalconX
Figures of Falconx Echo Private Limited, the primary company behind FalconX, for FY 2025. Revenue was ₹1.8 Lakh. Net loss was -₹2.7 Lakh (-151% margin). EBITDA was -₹2.6 Lakh (-144% margin).
- ₹1.8 LakhRevenue · FY 2025
- -₹2.7 LakhNet loss · -151% margin
- -₹2.6 LakhEBITDA · -144% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Falconx Echo Private Limited are on its company page.
Detailed financial statements for FalconX
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Investments & Acquisitions by FalconX
FalconX has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 21Shares, Arbelos Markets and Bloxroute.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based infrastructure is provided for scaling blockchain transactions. | bloxroute.com | Evanston, United States | 2017 | Jul 2026 | •••• | |
Cryptocurrency investment management services are provided by 21Shares. | 21shares.com | Zurich, Switzerland | 2018 | Nov 2025 | •••• | |
Liquidity is provided across crypto derivatives markets by Arbelos Markets. | arbelos.xyz | British Virgin Islands, United Kingdom | 2023 | Jan 2025 | •••• |
Complete acquisition details for FalconX
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Deal sources
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Verified entity values are shown only after access is granted.
Timeline of FalconX
8 dated milestones of FalconX across 8 years, from founding to its latest funding, stage changes and deals.
- Founded FalconX is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $150.0M.
- Acquisition Acquires Arbelos Markets.
- Acquisition Acquires 21Shares.
- Acquisition Acquires Bloxroute.
Competitors of FalconX
FalconX has 3 listed competitors in our database, 3 of them funded. They include Consensys, BlockFi and BitGo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | Crypto trading, loans, interest accounts, and wallets are offered online. | ||
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. |
Detailed competitors of FalconX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of FalconX
The website of FalconX (falconx.io) receives about 49.2K visits a month and ranks #608,741 among all websites worldwide, #6,004 in Investing.
- Monthly visits49.2K
▼ 16.8% vs previous month
- Unique visitors24.7K
per month
- Global rank#608,741
among all websites
- Category rank#6,004
Finance · Investing
- Bounce rate42%
- Pages per visit1.8
- Average visit25 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with FalconX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| glassnode.com | 100% | 400.9K | #102,056 | View details | |
| thetradenews.com | 91% | #538,691 | View details | ||
| liquidityfinder.com | 91% | 71.4K | #514,681 | View details | |
| beincrypto.com | 91% | #43,523 | View details | ||
| paradigm.co | 91% | 18.8K | #1,129,870 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for FalconX
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- 15 similar websites
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Top companies in Cryptocurrencies
3 companies that operate in the same segment as FalconX (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about Falconx
Complete news archive for FalconX
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Frequently Asked Questions about FalconX
FalconX was founded in 2018.
FalconX is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Raghu Yarlagadda is the CEO of FalconX, as recorded in our data. They have also founded this company.
FalconX is a funded company, having raised a total of $430M across 7 funding rounds to date.
FalconX has 602 employees.
The primary company behind FalconX, Falconx Echo Private Limited, reported revenue of ₹1.8 Lakh for FY 2025.
FalconX is established as a prime brokerage specializing in digital asset markets, offering deep liquidity, financing, and advanced technology solutions. Services provided include trading of spot and derivatives, custody, direct market access, and ETF solutions. The company is trusted by asset managers, hedge funds, and financial institutions globally to navigate fragmented crypto markets. Platforms like FalconX 360 and Focal are developed to support seamless electronic trading and provide AI-driven insights. Operations are tailored to institutional needs, ensuring 247 access and comprehensive risk management.
FalconX offers FalconX 360, Focal, Trading Solutions, Custody Services, and Financing Options.
FalconX has made 3 acquisitions, including 21Shares, Arbelos Markets, and Bloxroute.
FalconX has 28 investors. Key investors include Coinbase, Fidelity Investments, American Express, Mirae Asset, and Accel.
The valuation of FalconX is $8B as of Jun 2025.