Crypto Prime Broker FalconX Starts FX Desk With Hires From BCB Group

Cryptocurrency prime broker FalconX is launching a dedicated foreign exchange desk in London that will be staffed by a team hired from crypto banking firm BCB Group. The desk will offer crypto trading firms, exchanges and brokers access to 20 forex pairs, including major currencies such as the U.S. dollar, the euro, and the British pound, the company said in a press release on Tuesday. The team will be led by Ben Sebley, who is joined by Richard Usher as head of FX trading and Lux Thiagarajah as head of commercial FX. The FX desk plans to establish new fiat gateways and enhance fund movements across traditional currency pairs.

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