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FalconX CEO Talks Deals, Potential IPO, Layoffs

Bloomberg Technology Tuesday 18 August 2026, 19:38 UTC 1 min read
Key Points

Raghu Yarlagadda, CEO FalconX, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." Digital assets brokerage firm FalconX has cut 10% of staff globally, as it prepares for a prolonged downturn in cryptocurrency markets, according to people familiar with the matter. FalconX has facilitated about $2.5 trillion in trading volume.

Raghu Yarlagadda, CEO FalconX, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." Digital assets brokerage firm FalconX has cut 10% of staff globally, as it prepares for a prolonged downturn in cryptocurrency markets, according to people familiar with the matter. FalconX has facilitated about $2.5 trillion in trading volume. (Source: Bloomberg)
FalconX (LOCATION) Talks Deals (ORG) Potential IPO (ORG) Raghu Yarlagadda (PERSON) Scarlet Fu (PERSON) Dushyant Shahrawat (ORG) Digital (ORG) Bloomberg (PERSON)
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