FalconX Expands into Brazil Amid Surging Institutional Demand for Crypto

FalconX, a digital asset prime broker, has launched operations in Brazil as part of its strategic push into Latin America. The move follows expansions into Europe, Asia, and the Middle East over the past year, driven by growing institutional interest in crypto markets.

The firm has secured partnerships with BTG Pactual, Brazil's largest investment bank, and Mercado Bitcoin, the crypto division of MercadoLibre. These alliances will enable local institutions to access FalconX's prime brokerage services, including trading, credit, and custody solutions.

"Latin America represents one of crypto's fastest-growing adoption corridors," said Josh Barkhordar, FalconX's Head of Americas Sales. "Regulatory clarity and progressive institutions are creating ideal conditions for expansion."