FalconX 360 Recognized as the Most Innovative FinTech Solution by the 2022 Tech Ascension Awards

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Nov 03, 2022, 11:00 ET

SAN FRANCISCO, Nov. 3, 2022 /PRNewswire/ -- FalconX is honored to announce 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 outcomes 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're very excited to be able 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 that provides institutional investors full-spectrum execution capabilities and end-to-end reporting across their digital asset portfolio (availability of products and services is subject to jurisdictional limitations and capabilities of each FalconX entity). The platform increases access to risk management, prime services and security controls for institutions, all in one place. This is a transformational innovation in the crypto and financial space, delivering on FalconX's mission to enable the next billion users to access digital assets.

In the same way that crypto is democratizing access to finance, the FalconX 360 platform is democratizing access to the digital asset ecosystem, allowing clients to be significantly more active and agile in their investments. Instead of splitting $1M across multiple platforms, investors can now bring that $1M to FalconX and access diversified investments through a single account, scaling up returns by 3-5X, streamlining account management, saving time and maximizing ROI.

"We're proud that FalconX 360 is receiving this award recognition because investors have been eager for a solution that mitigates risk," said Raghu Yarlagadda, Founder and CEO of FalconX. "With this new platform, we are delivering confidence and security for digital asset investing, which is the future of finance."

For more information about 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 crypto strategies through a single interface and seamless workflows, making it easy to execute trading, prime services and clearing all in one place. FalconX's crypto-as-a-service offering powers leading banks, FinTech institutions and investment applications to easily add crypto to their product offerings with a goal of enabling the next billion users to enter the crypto space. The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma 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 on Twitter  and LinkedIn

About the Tech Ascension Awards

The Tech Ascension Awards elevate companies that possess cutting-edge, innovative technology that solve 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 stats, and competitive differentiators. The awards recognize leaders in cybersecurity, DevOps, big data and more. For information about the Tech Ascension Awards, please visit www.techascensionawards.com.

This material is for informational purposes only and is only intended for sophisticated or institutional investors. This material is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX or any of its affiliates. Any information contained in this material is not and should not be regarded as investment research, debt research, or derivatives research for the purposes of the rules of the CFTC or any other relevant regulatory body.

Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics 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 this communication. This material may contain information regarding structured products which involve over the counter derivatives. Pursuant to the Dodd-Frank Act, over the counter derivatives are only permitted to be traded by "eligible contract participants" ("ECP"s) as defined under Section 1a(18) of the CEA (7 U.S.C. § 1a(18)). Do not invest in a structured product unless you are an ECP as 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 provisionally registered with the U.S. Commodities Futures Trading Commission (CFTC) as a swap dealer. 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., nor Solios, Inc. are registered with the Securities & Exchange Commission or the Financial Industry Regulatory Authority.

"FalconX" is a marketing name for FalconX Limited and its subsidiaries. For information about which legal entities offer trading products and services, if you are considering entering into a derivatives transaction, or would like more information, please reach out to your Sales or Trading representative.

Availability of products and services is subject to jurisdictional limitations and capabilities of each FalconX entity.

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