Cryptocurrency broker FalconX has reportedly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) in a confidential submission. This move comes as the crypto market experiences a 1.05% decline in total market capitalization over the past 24 hours, with Bitcoin ETFs seeing a net outflow of $733 million.
In other developments, the U.S. and Iran are expected to extend their ceasefire agreement by 60 days, pending approval by Trump. Meanwhile, the S&P 500 reached a new all-time high of 7,563.62 points, reflecting strong performance in U.S. equities, particularly in discount stores and electronics/appliance retailers.
FalconX Secretly Files for IPO with SEC Amid Market Volatility
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