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Digital asset broker FalconX said it plans to expand its business to Hong Kong as institutional demand for crypto assets increases. The company said in a statement on Thursday that it plans to provide over-the-counter brokerage and crypto derivatives services to professional investors in Hong Kong. These professional investors include specialty trading firms, family offices, and fund managers.
Prior to this, FalconX expanded its operations to Singapore in February 2023 to tap into the Asia-Pacific market. (The Block)