"FalconX in Talks to Acquire Arbelos Markets"

Source
JH Kim

Summary

  • FalconX is reported to be in acquisition talks with Arbelos Markets.
  • The acquisition payment is expected to be made in cash and stock.
  • An official announcement is expected soon.

On the 31st (local time), Ublockchain reported, citing Bloomberg, that the virtual asset (cryptocurrency) prime brokerage firm FalconX is in negotiations to acquire the derivatives startup Arbelos Markets.

The acquisition is expected to be officially announced soon, with the payment to be made in cash and FalconX stock.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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