GIC and B Capital led a $150m Series D funding round in FalconX.

GIC, a sovereign wealth fund, and B Capital Group, a multi-stage investment firm, led a $150m Series D funding round in FalconX, a developer of a digital asset trading platform, with participation from Thoma Bravo, Wellington Management, Adams Street Partners and Tiger Global Management. “We partner with companies that will have lasting impacts on the industries and customers they serve. As a tech-first digital asset infrastructure platform, FalconX provides a holistic product offering paired with unparalleled execution that supports over 70m+ transactions on a monthly basis. They are well-positioned to lead the ongoing institutional transition to digital assets for years to come,” Rashmi Gopinath, B Capital General Partner.