FalconX, a digital asset prime brokerage backed by investors including Thoma Bravo, Tiger Global, Lightspeed, and GIC, has acquired bloXroute, a blockchain networking and trading infrastructure company founded in 2017. Financial terms were not disclosed. The acquisition combines FalconX’s institutional trading platform with bloXroute’s blockchain connectivity infrastructure as the two companies position themselves for the convergence of traditional and digital asset markets on-chain.
bloXroute built what it describes as the industry’s leading blockchain connectivity networks, enabling market participants — including market makers, trading firms, validators, builders, exchanges, and developers — to receive blockchain data and submit transactions with greater speed and reliability across all major blockchain ecosystems, without leaking order information prior to execution. The last point is significant in on-chain markets, where the transparent nature of public blockchains creates front-running risks that bloXroute’s infrastructure is designed to mitigate.
FalconX has been expanding its institutional trading business aggressively in 2026, extending beyond cryptocurrency into oil, gold, silver, compute, and tokenized equities — a broadening of scope that reflects the accelerating pace of real-world asset tokenization. As more traditional financial assets migrate to blockchain rails, institutions require infrastructure that supports 24/7 trading, capital efficiency, and risk management across both legacy and on-chain markets simultaneously. FalconX is building toward a single platform that addresses both.
The acquisition is intended to accelerate FalconX’s development of trading, financing, and prime brokerage capabilities for tokenized markets, with bloXroute’s low-latency blockchain networking layer improving the speed and efficiency of on-chain execution for institutional clients. FalconX holds offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore, and Valletta, and its affiliate FalconX Bravo was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.
KEY QUOTES:
“We believe the future of capital markets will be onchain. As onchain and traditional markets continue to converge, institutions will need a single platform built for both. bloXroute strengthens our platform and accelerates our ability to build the products and services institutions will rely on as markets evolve.”
Raghu Yarlagadda, Chief Executive Officer and Co-Founder, FalconX
“As institutional activity moves onchain, connectivity becomes as important as execution and liquidity. Joining FalconX allows us to build new trading and prime brokerage products that will benefit from FalconX’s global distribution and regulatory infrastructure.”
Uri Klarman, Chief Executive Officer and Co-Founder, bloXroute
