Crypto Trading

FalconX Confidentially Files for US Stock Market Listing Cryptocurrency trading firm FalconX has confidentially filed for an initial public offering with the US Securities and Exchange Commission (SEC), hiring investment bankers to advance the listing process. This makes it another major crypto trading platform seeking to go public on US exchanges, following in the footsteps of Coinbase and Kraken. According to CoinDesk, FalconX primarily serves institutional investors, providing crypto market-making, lending, and over-the-counter trading services. The company has experienced rapid business growth in recent years, benefiting from the massive influx of institutional capital into the cryptocurrency market. ...

Morgan Stanley Pilots Crypto Trading on E*Trade Morgan Stanley is piloting crypto trading on E*Trade at a 50-basis-point fee, expanding its digital asset push weeks after launching a bitcoin ETF, Bloomberg reported.

Kraken Launches Compliant Margin Trading Crypto exchange Kraken has launched regulated spot margin trading in the US, the first product built on licenses acquired from Bitnomial. Perpetual contracts and options products are expected to follow.

Major Bank Expands Crypto Business Bloomberg reported that Morgan Stanley is piloting crypto trading on its E*Trade platform at just 50 basis points in fees. The move comes shortly after the firm launched a bitcoin ETF, signaling continued expansion into digital assets by traditional financial institutions.

Standard Chartered venture arm invests 150 million dollars in crypto market maker GSR, valuing it at 1 billion dollars