Digital asset broker FalconX expands operations to Hong Kong

Digital asset broker FalconX said it plans to expand into Hong Kong as institutional demand for crypto assets increases. The company said in a statement on Thursday that it plans to provide over-the-counter brokerage and crypto derivatives services to professional investors in Hong Kong. These professional investors include specialist trading firms, family offices and fund managers. Prior to this, FalconX expanded its operations to Singapore in February 2023 to tap into the Asia-Pacific market. (The Block)