ChainCatcher news, according to Bloomberg, digital asset trading and brokerage firm FalconX is in advanced negotiations to acquire Arbelos Markets, a derivatives startup founded by two veterans of the crypto industry in 2023.

Insiders reveal that the deal will be financed through a combination of cash and FalconX stock, and is expected to be announced in the coming days. It is not yet clear what impact this deal will have on Arbelos's valuation.