FalconX to acquire bloXroute as it builds out onchain capital markets stack

FalconX has acquired bloXroute to deepen its infrastructure for tokenized assets and onchain capital markets, the companies announced. Financial terms of the all-cash or cash-and-stock transaction were not disclosed.

The deal combines FalconX's institutional trading and prime brokerage platform with bloXroute's low-latency blockchain networking stack. FalconX said it aims to improve execution speed and capital efficiency for institutional clients trading tokenized commodities, equities and other onchain assets.

FalconX has expanded its client-facing business in 2026 to cover oil, gold, silver, compute and tokenized equities, adding to its existing digital asset offering. The firm said it is targeting a single platform that supports 24/7 trading, financing and risk management across both traditional and onchain markets.

bloXroute, founded in 2017, operates blockchain connectivity networks that let market makers, trading firms, validators, builders and exchanges receive blockchain data and submit transactions with reduced latency and information leakage. Its stack supports major blockchain ecosystems and is used by high-frequency and algorithmic trading clients.

"We believe the future of capital markets will be onchain," FalconX CEO and co-founder Raghu Yarlagadda said, adding that bloXroute "strengthens our platform and accelerates our ability to build the products and services institutions will rely on as markets evolve." bloXroute CEO and co-founder Uri Klarman said FalconX's global distribution and regulatory infrastructure will support new trading and prime brokerage products.

FalconX, whose affiliate FalconX Bravo, Inc. is a CFTC-registered swap dealer focused on crypto derivatives, counts Accel, GIC, Tiger Global Management, Thoma Bravo and American Express Ventures among its backers. The company said it will continue to invest in capabilities tied to tokenization and the broader buildout of onchain capital markets.