Falconx Expands into Latin America
Falconx, an established player in the digital asset prime brokerage industry, is broadening its horizons by entering the Latin American market through strategic alliances with significant financial entities like BTG Pactual and Mercado Bitcoin. This initiative is designed to cater to the burgeoning demand for institutional-grade cryptocurrency services in the region, offering a holistic array of prime brokerage solutions characterized by extensive global liquidity and tools for capital efficiency.
Industry Insights
Reinaldo Rabelo, CEO of Mercado Bitcoin, has underscored how Falconx’s involvement will significantly bolster the institutional digital asset landscape in Brazil. In a similar vein, Andre Portilho, who leads the Digital Assets division at BTG Pactual, remarked that the advanced infrastructure provided by Falconx is set to facilitate streamlined cryptocurrency offerings, thereby enhancing their competitive position in adopting digital assets.
Future Prospects
Moreover, Josh Barkhordar, responsible for Americas Sales at Falconx, pointed out that Latin America holds substantial prospects for cryptocurrency expansion, spurred by a financially savvy populace and favorable regulatory conditions. This latest move comes on the heels of Falconx’s expansion in both the Asia-Pacific and Europe, Middle East, and Africa regions, further cementing its reputation as a global ally for institutions venturing into the digital asset domain.
