FalconX swoops in for a New Year’s surprise, acquiring Arbelos Markets in a hush-hush deal. CEO Raghu Yarlagadda announced the news on X, confirming FalconX’s plans to mix Arbelos’ trading magic with their own regulatory prowess. 🧙‍♂️

The acquisition aims to boost institutional confidence in crypto derivatives, promising a transparent market. Founded in 2018, FalconX has traded over $1.5 trillion and is now eyeing the next phase of crypto growth. Meanwhile, Arbelos, birthed by ex-bankers in 2023, joins the FalconX family. Cheers to new beginnings and market adventures!