Acquisition brings together institutional trading, liquidity, and blockchain networking to power the next generation of onchain capital markets.

In 2026, FalconX expanded its client-facing trading business across oil, gold, silver, compute, and tokenized equities, broadening institutional access to a growing range of onchain markets. As more financial assets move onchain, institutions need infrastructure that supports 24/7 trading, capital efficiency, and risk management across markets. FalconX is building the platform for this new market structure.

By combining bloXroute’s blockchain networking infrastructure with FalconX’s institutional trading platform, the company will enhance the speed and efficiency of onchain execution while accelerating the development of new trading, financing, and prime brokerage capabilities. The acquisition also strengthens FalconX’s ability to support institutional clients as tokenized markets continue to expand across traditional and digital assets.

“We believe the future of capital markets will be onchain,” said Raghu Yarlagadda, CEO and Co-Founder of FalconX. “As onchain and traditional markets continue to converge, institutions will need a single platform built for both. bloXroute strengthens our platform and accelerates our ability to build the products and services institutions will rely on as markets evolve.”

“As institutional activity moves onchain, connectivity becomes as important as execution and liquidity,” said Uri Klarman, CEO and Co-Founder of bloXroute. “Joining FalconX allows us to build new trading and prime brokerage products that will benefit from FalconX’s global distribution and regulatory infrastructure.”

The acquisition advances FalconX’s long-term strategy of building the infrastructure institutions need as financial markets become increasingly digital and interconnected. FalconX will continue investing in the capabilities that support tokenization and the continued evolution of onchain capital markets.

Terms of the transaction were not disclosed.

Source: FalconX

Since day one, our core belief has been that tokenization and blockchain technology would expand into all asset classes. Today, traditional finance and digital assets are rapidly converging.

Over the last few months, we've supported our clients with trading oil, gold, silver,…

— Raghu Yarlagadda (@2Ragu) July 15, 2026

 

Yarlagadda said: “Over the last few months, we’ve supported our clients with trading oil, gold, silver, compute, and select securities powered by on-chain capital markets. Our clients are asking us to solve a very different set of problems than they were just a few years ago, and those changes are only accelerating. To lead this shift, and the growing demand that comes with it, we’re realigning our capital, talent, and technology.

First, we’ve acquired bloxroute to strengthen our on-chain businesses and accelerate our expansion beyond crypto. BloXroute’s technology will enable us to develop new trading and lending applications needed for institutions to efficiently source liquidity across on-chain commodities, securities, and digital assets markets.

Second, building FalconX for that future requires tradeoffs. That means choosing to build where we can lead and exiting parts of our business where we can partner. With this shift, we have made the difficult decision to eliminate roles across parts of FalconX, affecting 11% of our workforce. Decisions like these are never easy because they affect talented people who have helped build this company. I’m grateful for everything they’ve contributed, and we’ll do everything we can to support them through this transition.

We’ve always believed that blockchain and tokenization will fundamentally reshape capital markets. That belief continues to guide where we invest, and I’m confident we’re building FalconX for what’s ahead.”