FINTRACActive
Canada Crypto Asset Exchange Registration (MSB)


Canada Crypto Asset Exchange Registration (MSB)
What is FalconX?
FalconX is an institutional cryptocurrency trading service provider that leverages scale and market-leading liquidity to help clients trade across global markets under various market conditions.
Platform Updates
FalconX launched FalconX Bravo (Direct Market Access) and ETF solutions, acquired bloXroute to accelerate on-chain capital market development, and partnered with MoonPay to bring institutional-grade liquidity to the global retail crypto market.
Lookonchain Spots Sharplink Recieving 5,000 $ETH With 876,285 $ETH valued at $1.38 billion using current ether exchange rates on Saturday, June 27, 2026, Sharplink ranks below Bitmines 5,672,956 $ETH cache, making it the second-largest $ETH treasury today. This week, the onchain analyst on X known as Lookonchain detailed that Sharplink acquired 5,000 $ETH from the crypto firm FalconX. “After 8 months, Sharplink is buying $ETH again,” Lookonchain wrote. The onchain analysts also noted in the X post that the publicly traded firm paid an average price of $3,609 per coin and is sitting on $1.7 billion in paper losses. While the companys 5,000 $ETH inflow can be verified onchain, Sharplink has not issued a press release or formal announcement. Stock Down 99% and $1.7B in Paper Losses Sharplink is among the growing roster of digital asset treasury (DAT) firms watching the crypto bear market eat into their paper gains. The company‘s shares trade on Nasdaq, and the stock closed June 26 at $4.81 a share. Shares climbed 5.48% during Friday’s trading session after news of the company scooping up more $ETH began circulating across social media. Sharplink chart via Tradingview. Despite Friday‘s 5.48% lift, Sharplink (Nasdaq: SBET) is down 10.76% over the past week, more than

Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Three whale addresses — two of them freshly created wallets with no prior transaction history — have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of the most established and most scrutinized exchanges in the ecosystem. Ethereum Whale Transfers | Source: Arkham The creation of fresh wallets for withdrawals of this scale is the behavioral detail that carries the most analytical weight. Institutional participants creating new addresses specifically for large withdrawals typically do so to maintain operational security, separate treasury positions from trading activity, or establish dedicated holding infrastructure for assets intended

FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance protocols such as Morpho. Tokenization takes traditional credit facilities and represents them as digital tokens on a blockchain. In this case, the facility packages loans originated through FalconXs lending business into tokenized credit products accessible through Pareto vaults curated by M11 Credit. RWA.xyz data shows real-world assets issued onchain have grown to more than $31 billion, including Treasurys, credit products and other financial assets. Credit-related assets alone account for more than $5 billion in distributed value across blockchain networks. The FalconX deployment adds support for using AA_FalconXUSDC vault tokens in onchain lending markets, enabling investors to borrow against institutional credit exposure while maintaining yield-bearing positions. Data from RWA.xyz shows FalconX Credit Vault currently holds about $127 million in distributed value. FalconX Credit Vault. Source: RWA.xyz FalconX Credit Vault. Source: RWA.xyz According to an announcement shared with Cointelegraph, the system also includes automated margin controls, real-time collateral monitoring and onchain settlement features. Monad Foundation director of marketing Nathan Cha told Cointelegraph that the broader opportunity for tokenized credit products lies in their composability across DeFi markets, allowing institutional assets to be reused across
