FalconX 360 recognized as the most innovative FinTech solution by the 2022 Tech Ascension Awards
SAN FRANCISCO, 3 November 2022 /PRNewswire/ — FalconX is honored to announce that FalconX 360 has been recognized as the Most Innovative FinTech Solution by the 2022 Tech Ascension Awards.
The Tech Ascension Awards recognized the very best innovations in technology. The Tech Ascension Awards judged applicants based on technology innovation, market research and competitive differentiators. The class-leading vendors that received recognition from the Tech Ascension Awards showcased technology that solves critical industry challenges and produces invaluable business results for their customers.
“FinTech innovation has become more critical than ever, and these leaders are pushing the market to new heights,” said David Campbell, CEO, Tech Ascension Awards. “We are very pleased to recognize these leaders and look forward to following their growth and trajectory as the FinTech industry continues to evolve.”
FalconX 360 is the first and only unified investment and risk management platform for crypto which provides institutional investors with full-spectrum execution capabilities and end-to-end reporting across their digital asset portfolio (availability of products and services subject to jurisdictional limitations and capabilities of each FalconX entity). The platform increases access to risk management, first-class services and security controls for institutions, all in one place. This is a transformational innovation i crypto and financial space, delivering on FalconX’s mission to enable the next billion users to access digital assets.
In the same way as crypto democratizing access to financing, the FalconX 360 platform democratizes access to the digital asset ecosystem, allowing customers to be significantly more active and agile in their investments. Instead of splitting 1 million dollars across multiple platforms, investors can now bring it 1 million dollars to FalconX and access diversified investments through a single account, scale up returns by 3-5X, streamline account management, save time and maximize returns.
“We are proud that the FalconX 360 is receiving this award recognition because investors have been eager for a solution that reduces risk,” said Raghu Yarlagadda, founder and CEO of FalconX. “With this new platform, we deliver trust and security for digital asset investments, which are the future of finance.”
For more information on the Tech Ascension Awards, please visit www.techascensionawards.com. To learn more or get started with FalconX today, visit https://falconx.io
About FalconX
FalconX is a fully comprehensive digital asset platform that allows institutions to access and manage all of their assets crypto strategies through a single interface and seamless workflows, making it easy to execute trades, premium services and clearing in one place. FalconX’s crypto-as-a-service offering enables leading banks, FinTech institutions and investment applications to easily add crypto to their product offering with a goal of enabling the next billion users to enter crypto room. The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thomas Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, Chicago, Bengaluru and Malta. For more information visit falconx.io or follow them further Twitter and LinkedIn
About the Tech Ascension Awards
The Tech Ascension Awards recognize companies that possess ground-breaking, innovative technology that solves critical challenges in their respective markets. Tech Ascension winners rise above the crowded consumer and enterprise technology industries and receive validation from an independent organization. Applicants are judged based on technology innovation and uniqueness, market research (analyst reports, media coverage, customer case studies), hard performance statistics and competitive differentiators. The awards recognize leaders in cybersecurity, DevOps, big data and more. For information on the Tech Ascension Awards, please visit www.techascensionawards.com.
This material is for informational purposes only and is intended for sophisticated or institutional investors only. This material is not (i) an offer, or the solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to engage in any investment or trading strategy, (ii) intended to provide accounting , legal , or tax advice, or investment recommendations, or (iii) an official statement by FalconX or any of its affiliates. Any information in this material is not and should not be considered investment research, debt research or derivatives under the rules of the CFTC or other relevant regulatory bodies.
Before entering into a proposed transaction, the Beneficiaries, in consultation with their own investment, legal, tax, regulatory and accounting advisors, should determine the financial risks and benefits, as well as the legal, tax, regulatory and accounting features and consequences of the transaction. This material does not constitute investment advice. To the extent permitted by law, FalconX does not accept any liability arising from the use of these communications. This material may contain information about structured products involving over-the-counter derivatives. Pursuant to the Dodd-Frank Act, over-the-counter derivatives are permitted to be traded only by “eligible contract participants” (“ECPs”) as defined under section 1a(18) of the CEA (7 USC § 1a(18)). Do not invest in a structured product unless you are an ECP equally relevant and fully understand and are willing to assume the risks associated with the product.
Solios, Inc. is registered as a federal money services business with FinCEN. FalconX Bravo, Inc. is currently registered with the US Commodities Futures Trading Commission (CFTC) as a swap trader. FalconX Limited is a registered Class 3 VFA service provider under the Virtual Financial Assets Act of 2018 with the Malta Financial Services Authority. FalconX Limited, FalconX Bravo, Inc., or Solios, Inc. are registered with the Securities & Exchange Commission or the Financial Industry Regulatory Authority.
“FalconX” is a marketing name of FalconX Limited and its subsidiaries. For information on which legal entities offer trading products and services, if you are considering entering into a derivative transaction, or would like more information, please contact your sales or trading representative.
Availability of products and services is subject to jurisdictional restrictions and capabilities of each FalconX unit.
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