FalconX, the institutional digital asset prime broker, announces a strategic partnership with Marex, the diversified financial services platform, to provide each firms’ clients with access to digital asset derivatives on both the CME and digital asset-native exchanges.
This new partnership aims to provide select “non-US clients efficient cross-margining for digital asset derivatives across both traditional venues like the CME and digital asset native exchanges.”
This service, which includes futures and options (F&Os) clearing and execution, is designed to meet “the institutional demand for trading derivatives on liquid markets.”
Matt Long, General Manager APAC & Middle East, FalconX, said,
“We are delighted to partner with Marex to expand our digital asset derivatives offering. At FalconX, we support trading and financing for some of the world’s largest institutions in digital assets. This strategic relationship with Marex will allow our clients to access greater pools of liquidity and achieve greater capital efficiency by cross-margining capital deployed across a broad range of exchanges.”
Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales, Marex, said,
“Our collaboration with FalconX underscores our commitment to value-add trading services that provide margin relief and broad market access on digital asset derivatives. This partnership will enable us to deliver world-class trading and financing solutions to institutional clients, as well as allowing us to access new clients through FalconX.”
This past month, Pareto, a private credit marketplace connecting institutional lenders and borrowers, announced the integration of the FalconX Credit Vault with Term Finance, a fixed-rate lending protocol.
In partnership with one of the digital assets prime brokerages FalconX and fixed-rate lending protocol Term Finance, Pareto is rolling out “onchain fixed income products that offer investors exposure to institutional credit strategies available on Pareto, while gaining the benefits of risk transfer provided by overcollateralized lending on Term Finance.”
Pareto’s FalconX Credit Vault tokens (AA_FalconXUSDC) are now eligible collateral “in Term’s fixed-rate lending auctions, enabling users to borrow USDC at predefined rates and maturities.”
Term auctions allow borrowers and lenders “to submit bids and offers for fixed rate, fixed term loans and the rate that comes out of the auction is the rate that borrowers pay and lenders receive for a fixed rate, fixed term loans.”
