According to CoinDesk, sources reveal that crypto brokerage and trading firm FalconX has secretly submitted a draft IPO registration (S-1) to the U.S. SEC and has hired investment banks like Cantor as advisors. However, due to market conditions, the listing is expected to proceed no earlier than the end of this year. Founded in 2018, FalconX primarily provides trading execution, liquidity, credit, and clearing services to hedge funds, asset management institutions, and market makers. The company was valued at approximately $8 billion during its Series D funding round in 2022. https://(wublock123.com)/news/falconx-files-secret-ipo-application-aims-year-end-listing-61821