Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO

Crypto trading firm FalconX's CEO has previously said it is considering a public listing. What to know : Cantor is among the firms pitching FalconX for its potential IPO, though no bankers have been formally appointed yet, according to sources. FalconX, an institutional-focused crypto prime broker, is evaluating listing plans even as a tough digital asset market has seen firms such as Kraken pause their IPOs. The company has been scaling through acquisitions, while Cantor deepens its footprint in crypto markets.