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Cryptocurrency trading platform FalconX has secured $50 million in venture capital funding, bringing its total valuation to $675 million. The investment round was led by Tiger Global Management and B Capital, with participation from notable investors such as Coinbase Ventures , Accel, CMT Digital, Avon Ventures, and others.
Following FalconX's valuation reaching $675 million, the company's trading volume increased by 12 and its net revenue surged by 46 times in 2020