Digital asset broker FalconX enters the Brazilian market

According to Bloomberg, FalconX, a major digital asset broker, is expanding into Latin America to meet the growing institutional demand for cryptocurrencies in the region. The company is launching its services in Brazil, with initial partners including BTG Pactual and Mercado Bitcoin under MercadoLibre. This move aims to enable more local institutions to provide trading, credit, and custody services for digital assets. FalconX Americas Sales Director Josh Barkhordar stated that thanks to regulatory frameworks, forward thinking institutions, and economic drivers, "Latin America is one of the fastest-growing regions for cryptocurrency adoption.