San Francisco-based FalconX, a digital assets and cryptocurrency financial services company, has raised $210 million in a Series C financing round. The financing values the company at $3.75 billion.
The round was led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with participation from Mirae Asset. Amex Ventures also increased its existing investment as part of this round. They join existing investors Accel, Accomplice VC, Coinbase Ventures, CMT Digital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR, the parent company of Fidelity Investments.
Source: Press release