• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Ripple price prediction XRP to $0.50, analyst

    Ripple price prediction: XRP to $0.50, analyst

    BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

    BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

    Ethereum price prediction ETH towards $1400, analyst

    Ethereum price prediction: ETH towards $1400, analyst

    Conflux becomes first Chinese gov't backed public blockchain project

    Conflux becomes first Chinese gov’t backed permissionless blockchain project

    Bitcoin price prediction BTC to $40000 again, analyst

    Bitcoin price prediction: BTC to $40000 again, analyst

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Ethereum trend analysis – ETHUSD threatens to break below $900 as selling intensifies

    Ethereum trend analysis – ETH/USD threatens to break below $900 as selling intensifies

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Ripple price prediction XRP to $0.50, analyst

    Ripple price prediction: XRP to $0.50, analyst

    BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

    BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

    Ethereum price prediction ETH towards $1400, analyst

    Ethereum price prediction: ETH towards $1400, analyst

    Conflux becomes first Chinese gov't backed public blockchain project

    Conflux becomes first Chinese gov’t backed permissionless blockchain project

    Bitcoin price prediction BTC to $40000 again, analyst

    Bitcoin price prediction: BTC to $40000 again, analyst

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    DoubleLine Capital CEO says Bitcoin is in a bubble territory

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin

    Ethereum trend analysis – ETHUSD threatens to break below $900 as selling intensifies

    Ethereum trend analysis – ETH/USD threatens to break below $900 as selling intensifies

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Bitcoin trend analysis – BTC struggling amid downtrend as price holds $35,000

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

Crypto trading platform FalconX get American Express investment

Muhaimin Olowoporoku by Muhaimin Olowoporoku
December 16, 2020
in Industry News
2 min read
Elon Musk US legislators BitGo MicroStrategy Crypto trading platform Crypto regulations Sean Lennon Bitcoin payment Chainalysis analytics Crypto lender Cred
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR

  • American Express announces debut in crypto space
  • AmeX set to promote innovation in the digital asset space

Crypto trading platform which targets institutional clients, FalconX has managed to attract investment from American Express Ventures, an arm of American Express, a financial company.

RelatedPosts

Crypto investments: FCA warns users

Chinese bank debuts digital yuan-supported ATMs

New York bar for sale for 25 BTC, 800 ETH

Defi total value locked hits ATH; now $23.12 Billion

American Express via its investment in the crypto trading platform announced its debut into the crypto world although they stayed silent about the amount invested in FalconX.

Contained in a release where the American financial giant announced their investment in the crypto trading platform, they said that FalconX brings simplicity into the increasingly complex digital asset space. American Express stated that the platform provides discovery and pricing all in one place.

However, FalconX recently attracted investment after its funding round from a series of venture capital firm like Accel, Accomplice VC, Avon Ventures, Coinbase Ventures, among others.

Why American Express invested in Crypto trading platform FalconX

American express stated that they invest in startups to have a better understanding of emerging areas of the payments ecosystem. Their interest in FalcoX, however, is to promote innovation in the digital asset space, including digital currencies.

Since 2019, American Express has been investigating cryptocurrencies further explaining the reason for their investment. The financial giant also rolled out an app that uses blockchain to let contractors and vendors reconcile invoices and timesheets.

What is FalconX up to?

FalconX co-founder and CEO Raghu Yarlagadda said that there has been growing interest from traditional investors in cryptos, especially as an inflatory hedge. He also expressed excitement about American Express investment in their firm.

2020 has seen several firms like MicroStrategy, Square, among others, invest in Bitcoin. Guggenheim Partners LLC also announced that they could invest around 10 percent of its $5.3 billion macro opportunities in Bitcoin.

Yarlagadda said in respect to Amex investment that they are trying to create a payment service using crypto and could learn from the American financial giant.

Tags: american express
Muhaimin Olowoporoku

Muhaimin Olowoporoku

Muhaimin loves writing on crypto news aside from being a crypto enthusiast. He has a knack for analysing issues and updating people on what's happening around the globe. He believes that blockchain and cryptocurrency are the most useful systems of mutual trust ever devised.

Related Posts

FCA
Industry News

Crypto investments: FCA warns users

January 11, 2021
Chinese bank debuts digital yuan-supported ATMs
Industry News

Chinese bank debuts digital yuan-supported ATMs

January 11, 2021
New York HashCash
Industry News

New York bar for sale for 25 BTC, 800 ETH

January 10, 2021

Follow Us

  • 40.6k Fans
  • 8.3k Followers

Latest News

Ripple price prediction XRP to $0.50, analyst

Ripple price prediction: XRP to $0.50, analyst

January 12, 2021
BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

BitMEX adopts Chainalysis KYT to screen illicit crypto transaction

January 12, 2021
Ethereum price prediction ETH towards $1400, analyst

Ethereum price prediction: ETH towards $1400, analyst

January 12, 2021
Conflux becomes first Chinese gov't backed public blockchain project

Conflux becomes first Chinese gov’t backed permissionless blockchain project

January 12, 2021
Bitcoin price prediction BTC to $40000 again, analyst

Bitcoin price prediction: BTC to $40000 again, analyst

January 12, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.