Source: Crypto broker FalconX plans to IPO in 2025 and has started preliminary discussions on listing

Odaily News FalconX, a cryptocurrency broker, has held preliminary talks on an initial public offering (IPO) and could file for a listing as early as this year, according to three people familiar with the matter, a move that is expected to help the company further meet growing demand for digital assets from institutional investors.
Sources said FalconX has held informal talks with bankers and advisers to explore the feasibility of an IPO. FalconX is considering entering the public markets as the company accelerates its strategic partnership and merger and acquisition plans to better serve strong demand for cryptocurrencies from institutional clients.
At present, FalconX has not hired an investment bank, which is usually the first step in launching the listing process. According to data, FalconX's most recent valuation was $8 billion, which came from a $150 million round of financing completed in 2022. (Decrypt)