FalconX made waves in August when the crypto financial services company said it had raised $210 million in Series C funding at a $3.75 billion valuation, more than five times higher than its valuation when it raised money in March.
In an interview with The Information, co-founder and CEO Raghu Yarlagadda said investors pushed the three-year-old company to take on capital because of its recent growth, and that he wants to expand its trading platform and other services, such as credit and clearing.
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