Overview

• The platform debuts with an RFQ-based execution model that supports both screen and API access for programmatic trading.
• Institutions can build multi-leg strategies using a matrix-style builder designed for complex options workflows.
• FalconX says pricing and depth draw on its existing institutional OTC desk, which provides principal liquidity.
• Early users targeted include market makers, hedge funds, venture capital firms, and crypto mining companies.
• The company plans to add more coins based on demand as crypto options interest grows alongside reported volumes exceeding $850 billion year to date on venues like Deribit.