Institutional digital asset broker FalconX has announced the launch of Prime Connect, a solution for exchange bankruptcy settlement, allowing institutional investors to trade on exchanges while their assets are held in regulated custody services, thereby reducing counterparty risk. Prime Connect enables institutional traders to use improved execution capabilities and stable credit limits while adopting portfolio margin. This improves capital efficiency and risk management, but does not compromise asset security, as client assets are still held by custodians independently of the exchange and FalconX's assets. Prime Connect has already completed its first integration with Deribit and will be available on other global exchanges in the future.
