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FalconX CEO Talks Deals, Potential IPO, Layoffs

Summary by Bloomberg
Raghu Yarlagadda, CEO FalconX, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." Digital assets brokerage firm FalconX has cut 10% of staff globally, as it prepares for a prolonged downturn in cryptocurrency markets, according to people familiar with the matter. FalconX has facilitated about $2.5 trillion in trading volume. (Source: Bloomberg)

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FalconX CEO Talks Deals, Potential IPO, Layoffs

Raghu Yarlagadda, CEO FalconX, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." Digital assets brokerage firm FalconX has cut 10% of staff globally, as it prepares for a prolonged downturn in cryptocurrency markets, according to people familiar with the matter. FalconX has facilitated about $2.5 trillion in trading volume. (Source: Bloomberg)

·New York, United States
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Bloomberg broke the news in New York, United States on Tuesday, August 18, 2026.
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