Amex Ventures, Coinbase Ventures and CMT Digital have all returned to back the cryptocurrency exchange’s series C round, which valued it at $3.75bn.

US-based FalconX completed a $210m series C round yesterday featuring fellow cryptocurrency exchange operator Coinbase as well as payment services firm American Express and proprietary trading firm Capital Market Trading.

Investment firms Altimeter Capital, B Capital Group and Tiger Global Management joined venture capital firm Sapphire Ventures to co-lead the round, which included Avon Ventures, an affiliate of investment and financial services group Fidelity, in addition to Accel, Accomplice VC, Flybridge Capital Partners, Lightspeed Venture Partners and Mirae Asset.

American…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn