The MHC digital group under license in Australia has signed a partnership agreement with the Crypto-Prime Falconx broker to provide digital asset derivatives to the Australian wholesale market. Announced TODAY (Monday), the MHC trading platform, MHC Markets, will present “a complete suite of digital asset derivatives, optional options and products” thanks to the partnership.
Target Australian institutions
Operating with an Australian financial services license (AFS), the MHC Digital Group was founded by Australian venture capital Mark Carnegie, who is executive president. The company was created in 2020 and has its headquarters in Australia. The MHC market unit, launched in the fourth quarter of 2024, focuses on the supply of liquidity and cryptography negotiation.
In February 2022, the MHC Digital Finance, a subsidiary of MHC Digital Group, was acquired by Intraco Singapore. However, this acquisition was then terminated.
“The partnership with the CMH, with its deep understanding of Australian investors and its tested history in digital assets, is an important step in the expansion of Falconx through APAC,” Matt Long, CEO and Middle East in Falconx.
“Expertise on the MHC market and an innovative approach, combined with our derived capacities, will allow the MHC to provide investors wholesale Australians with a wide suite of digital asset products on the sophisticated capital markets of Australia.”
Growing demand for crypto-prime brokers
Regarding the Crypto Prime brokerage houses, Falconx is one of the best suppliers. It was estimated at $ 8 billion when he raised $ 150 million in 2022 from investors, including Tiger Global, GIC and B Capital. The company, founded in 2018, has raised a total of $ 430 million on several financing cycles. He launched a Forex office dedicated to London, offering access to 20 FX pairs.
Earlier this year, Falconx acquired Arbelos Markets, a startup of Crypto derivatives was launched in 2023. Recently, Ripple acquired Hidden Road, another crypto-prime broker, for $ 1.25 billion.
The partnership between MHC and Falconx arrives at a time when the demand for cryptocurrencies increases in Australia. The institutional interest in the asset class is also obvious with the launch of Bitcoin Futures Investments at the end of 2024 by AMP Capital.
“Our combined expertise creates a powerful offer for wholesale investors who have a proven history of derivatives in traditional asset classes,” said Edward Carroll, CMH market manager.
The MHC digital group under license in Australia has signed a partnership agreement with the Crypto-Prime Falconx broker to provide digital asset derivatives to the Australian wholesale market. Announced TODAY (Monday), the MHC trading platform, MHC Markets, will present “a complete suite of digital asset derivatives, optional options and products” thanks to the partnership.
Target Australian institutions
Operating with an Australian financial services license (AFS), the MHC Digital Group was founded by Australian venture capital Mark Carnegie, who is executive president. The company was created in 2020 and has its headquarters in Australia. The MHC market unit, launched in the fourth quarter of 2024, focuses on the supply of liquidity and cryptography negotiation.
In February 2022, the MHC Digital Finance, a subsidiary of MHC Digital Group, was acquired by Intraco Singapore. However, this acquisition was then terminated.
“The partnership with the CMH, with its deep understanding of Australian investors and its tested history in digital assets, is an important step in the expansion of Falconx through APAC,” Matt Long, CEO and Middle East in Falconx.
“Expertise on the MHC market and an innovative approach, combined with our derived capacities, will allow the MHC to provide investors wholesale Australians with a wide suite of digital asset products on the sophisticated capital markets of Australia.”
Growing demand for crypto-prime brokers
Regarding the Crypto Prime brokerage houses, Falconx is one of the best suppliers. It was estimated at $ 8 billion when he raised $ 150 million in 2022 from investors, including Tiger Global, GIC and B Capital. The company, founded in 2018, has raised a total of $ 430 million on several financing cycles. He launched a Forex office dedicated to London, offering access to 20 FX pairs.
Earlier this year, Falconx acquired Arbelos Markets, a startup of Crypto derivatives was launched in 2023. Recently, Ripple acquired Hidden Road, another crypto-prime broker, for $ 1.25 billion.
The partnership between MHC and Falconx arrives at a time when the demand for cryptocurrencies increases in Australia. The institutional interest in the asset class is also obvious with the launch of Bitcoin Futures Investments at the end of 2024 by AMP Capital.
“Our combined expertise creates a powerful offer for wholesale investors who have a proven history of derivatives in traditional asset classes,” said Edward Carroll, CMH market manager.
