FalconX Expands Crypto Services with Prime Brokerage and Custody

New offerings aim to bridge traditional finance and decentralized markets for institutional investors.

Published on Feb. 10, 2026

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FalconX, an institutional cryptocurrency trading and financing platform, has rolled out significant enhancements to its services, including a prime brokerage margin financing option for trading on the DeFi derivatives platform Hyperliquid, as well as qualified custody services through Fireblocks Trust Company for US-based institutions.

Why it matters

These moves by FalconX underscore the company's commitment to bridging the gap between traditional finance and decentralized crypto markets, catering to the growing demands of institutional investors seeking secure and leveraged opportunities in the digital asset space.

The details

The new prime brokerage margin financing service allows users to access up to 5x leverage for trading on Hyperliquid, expanding FalconX's prime brokerage tools into on-chain environments. This integration enables institutions to manage margins and risks at a portfolio level through a centralized relationship, encompassing trades on Hyperliquid alongside other centralized exchanges. Additionally, FalconX has broadened its offerings for US-based institutions by incorporating qualified custody services through Fireblocks Trust Company, a custodian regulated by the New York Department of Financial Services. This addresses longstanding hurdles for US entities, such as the need for compliant asset storage, enabling seamless trading, lending, and holding of digital assets.

  • FalconX rolled out the new prime brokerage and custody solutions in February 2026.

The players

FalconX

An institutional platform for cryptocurrency trading and financing.

Hyperliquid

A decentralized finance (DeFi) derivatives platform.

Fireblocks Trust Company

A custodian regulated by the New York Department of Financial Services that provides qualified custody services for FalconX.

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What’s next

The new prime brokerage and custody solutions are now available to FalconX's institutional clients.

The takeaway

FalconX's enhancements to its digital asset services, including prime brokerage margin financing for DeFi trading and qualified custody for US institutions, demonstrate the company's commitment to bridging the gap between traditional finance and decentralized crypto markets, catering to the growing demands of institutional investors in the digital asset space.