SAN FRANCISCO, November 3, 2022 /PRNewswire/ — FalconX is honored to announce that FalconX 360 has been recognized as the Most Innovative FinTech Solution by the 2022 Tech Ascension Awards.
The Tech Ascension Awards reward the best technological innovations. The Tech Ascension Awards judged nominees based on technology innovation, market research, and competitive differentiators. Leading vendors who have received recognition from the Tech Ascension Awards have showcased technology that solves critical industry challenges and delivers invaluable business results 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 are very pleased 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 which provides institutional investors with full execution capabilities and end-to-end reporting on their portfolio of digital assets (availability of products and services subject to jurisdictional limitations and the capabilities of each FalconX entity). The platform increases access to risk management, core services, and security controls for institutions, all in one place. It is a transformational innovation in the crypto and the financial space, delivering on FalconX’s mission to empower the next billion users with access to digital assets.
The same way as crypto democratizes access to finance, the FalconX 360 platform democratizes access to the digital asset ecosystem, allowing clients to be much more active and agile in their investments. Instead of dividing $1 million across multiple platforms, investors can now bring that $1 million to FalconX and access diversified investments through a single account, multiplying returns by 3 to 5 times, streamlining account management, saving time and maximizing return on investment.
“We are proud FalconX 360 to receive this award, as investors were eager for a solution that mitigates risk,” said Raghu Yarlagadda, Founder and CEO of FalconX. “With this new platform, we provide confidence and security for investing in digital assets, which is the future of finance.”
FalconX is a 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, core services and clearing in one place. FalconX crypto– Offering as a service allows leading banks, FinTech institutions and investment apps to easily add crypto to their product offerings with the goal of enabling the next billion users to enter the crypto space. The company is backed by investors such as Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thomas Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, Chicago, Bangalore and Malta. For more information, visit falconx.ioor follow them on Twitterand LinkedIn
About Tech Ascension Awards
The Tech Ascension Awards elevate companies that possess cutting-edge, innovative technology that solves 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 technological innovation and uniqueness, market research (analyst reports, media coverage, customer case studies), accurate performance statistics, and competitive differentiators. The awards recognize leaders in cybersecurity, DevOps, big data and more. For more information on the Tech Ascension Awards, please visit www.techascensionawards.com.
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Solios, Inc. is registered as a Federal Money Services Business with FinCEN. FalconX Bravo, Inc. is provisionally registered with the United States Commodities Futures Trading Commission (CFTC) as a swap dealer. FalconX Limited is a Class 3 VFA service provider registered under the Virtual Financial Assets Act 2018 with the Malta Financial Services Authority. FalconX Limited, FalconX Bravo, Inc., or Solios, Inc. are not registered with the Securities & Exchange Commission or the Financial Industry Regulatory Authority.
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Availability of products and services is subject to jurisdictional limitations and the capabilities of each FalconX entity.