Brian Strugats, the head of trading at cryptocurrency prime broker FalconX, has left the company. Strugats had been with the firm for over three years and was based in New York. FalconX, which provides trading, financing, and custody services to large institutions, did not provide any comments on the matter. Strugats previously worked at investment firm XN and Glenhill Capital. FalconX, established in 2018, was valued at $8 billion during a mid-2022 funding round and is known as the largest digital assets prime brokerage for institutions.
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