TechFlow news — FalconX, a cryptocurrency financial services firm, has raised $150 million in its Series D funding round at an $8 billion valuation, led by GIC and B Capital, with participation from Thoma Bravo, Wellington Management, Adams Street, and Tiger Global Management.
FalconX stated that while multiple crypto firms have significantly downsized during the market downturn, it continues to hire new employees.
Previous report: In August 2021, FalconX announced a $210 million Series C round at a $3.75 billion valuation, with investors including Tiger Global, Altimeter Capital, B Capital, and Sapphire Ventures.
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