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FalconX

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

1 day ago by Crypto InsightsCrypto

Hut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase Credit arrangement with a new $200 million facility with FalconX. With the new deal, Hut 8 cut its fixed interest rate to 7%… Read More

Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ

Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ

7 months ago by Crypto InsightsCrypto

Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, the Wall Street Journal reported on Wednesday. The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto exchange-traded funds (ETFs), a… Read More

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