Cryptocurrency broker FalconX plans to go public this year and has already engaged in preliminary discussions

According to ChainCatcher, three insiders revealed that cryptocurrency brokerage FalconX has had preliminary discussions regarding an initial public offering (IPO), with the possibility of submitting a listing application as early as this year. This move is expected to help the company further meet the growing demand for digital assets from institutional investors.
Sources said that FalconX has held informal talks with bankers and advisors to explore the feasibility of an IPO. As the company accelerates its strategic partnerships and acquisition plans to better serve the strong demand for cryptocurrencies from institutional clients, FalconX is considering entering the public market.
Currently, FalconX has not hired an investment bank, which is typically the first step in initiating the listing process. Records show that FalconX's most recent valuation was $8 billion, based on a $150 million funding round completed in 2022.