I missed this announcement from Oct.
But this looks pretty cool from FalconX
FalconX 360 Launches the First and Only Comprehensive Platform for Institutional Crypto Investment Management
https://t.co/SH8ENmRzsA
1/ It is false that FalconX is transacting with Alameda Research, as suggested by a recent publication. The address that was published is a FalconX client's address. It is NOT Alameda. @decryptmedia@MarioNawfal
I was the first VC to try to invest in SBF, 4 years ago, well before FTX had even launched. I shared some of my story with CNBC, but there is more - a lot more.
Here's what I learned, and why I passed on investing based on suspicion of deception and reckless risk-taking.
1/ FalconX has no exposure to Genesis.
It's sad to see the industry (customers, partners, and competitors) in pain from FTX fallout... Trust is broken, and we need to rebuild differently. Is the new world order trustless in the centralized layer of Crypto?
The crypto markets will move on. And sooner than you expect, most likely.
They've already faced many such events but this was the largest, as MF Global was in futures brokers.
This was not a crypto story but a story of traditional finance masquerading as something else.
1/ FalconX started in 2018. We’ve been through many cycles – yet this one is different, customers have been hurt, investor confidence took a hit, and regulators are justifiably concerned. As an industry, we need to do better, and we have a lot of work to do to come out stronger.
#ETH#options are in focus in anticipation of the coming #ETH#MERGE. The ETH options market shows an expectation for heightened #volatility with the #ETH#MERGE happening this week.
Just Released
Deepest-ever view of the cosmos from @NASAWebb. The spiked objects are local stars in our own Galaxy. ignore them. Everything else is an entire galaxy. Many distort into arcs, revealing spacetime curvature from the gravity of a galaxy cluster in the image's center.
1/6 Announcing FalconX’s $150M #SeriesD from GIC, @BCapitalGroup, @thomabravo, @Wellington_Mgmt, Tiger Global Management & Adams Street Partners! This raise & our recent growth, despite market conditions, validates most of the world's value will be tokenized, including equities.