FalconX, a digital asset prime broker, has acquired trading firm Arbelos Markets to become one of the largest crypto derivatives dealers in the market. The acquisition comes as the institutional market for digital assets continues to grow, driven by positive regulatory momentum and the expansion of ETF and derivatives markets. The purchase is seen as a logical progression in the market, with increasing demand and supply leading to more deals. Additionally, derivatives offer higher margins compared to spot trading, leading firms to expand their offerings in the face of compressed trading fees. This acquisition is seen as a critical moment in the industry, with growing acceptance of cryptocurrency as a portfolio diversifier. More M&A deals are expected in the derivatives trading and infrastructure space.
- Content Editor ( blockworks.co )
- 2025-01-03
How 2024 set up the latest crypto M&A deal