Priyanka Tiwari
Share
Suspense crime, Digital Desk : FalconX is the US-based digital asset prime broker that is leveraging tokenisation and AI to innovate in the financial industry, with a focus on cross-border payments and enabling access to real world assets.
“Most of the world’s value will be tokenised,” remarked Raghu Yarlagadda, FalconX’s CEO and founder. “The processes of creation, movement, and access to an asset will be fundamentally altered by tokenisation and AI.”
India Poised to Witness Unprecedented Financial Upheaval
Yarlagadda mentioned that India has the potential to lead the world in the domain of tokenised finances, thanks to its digital architecture and advanced fintech frameworks such as UPI and the India Stack. He also pointed out that India, with more than $125 billion in remittance inflows in 2023, will reap tremendous rewards from blockchain solutions that help lower cost and expedite settlement times.
As of now, the average global remittance cost stands at 6 percent per transaction, with a settlement period of 1-5 days. Yarlagadda noted that these expenses can be reduced by 90 percent and settlements accomplished in minutes using blockchain technology.
Global Reach and Real-World Use Cases
FalconX is a dominant player in global crypto derivatives as they manage 12-15% of global crypto options volume. The firm has processed over $1.5 trillion in digital assets from institutions. Focal, the company’s AI-powered platform, performs real-time market and risk analysis, enabling trade execution across 70+ venues to 94% of global liquidity coverage.
With the recent integration of BlackRock’s tokenized money market fund (BUIDL), clients can now earn yield while posting tokenized collateral. This serves as an example of traditional finance converging with crypto at scale.
Regulatory Compliance as a Competitive Advantage
Offering regulated crypto derivatives made FalconX the first crypto-native firm registered as a CFTC swap dealer in the US. Regulation allows trusted institutions to work with such providers, “Being regulated gives institutions the trust they need,” Yarlagadda noted on the importance of transparency and risk controls for sustainable market confidence.
In contrast to the industry’s previously opaque reliance on offshore venues, the firm is also re-shoring significant volumes of institutional trading back to the US.
Unlocking India’s Capital Potential Through Tokenized Assets
Yarlagadda believes that Indian municipal bonds or real estate assets tokenization for global trading is a future possibility. “This isn’t just technological innovation—it’s a capital markets revolution,” he stated.
Having regard to the resources that India has in terms of human skill, technological industry, and market reach, it is proficient enough to become a world leader in innovation concerning digital assets, provided that it designs a law policy that promotes development while protecting consumer interests at the same time.
Geographical Development as well as Acclaim from Authorities
FalconX is still continuing with its global growth strategy and already has offices in Singapore, Hong Kong, London and Bengaluru. In March, Yarlagadda was one of 20 invitees to the White House Crypto Summit organized by former President Donald Trump.
“It was a great privilege to be invited to the White House because, for me, this demonstrated that innovative ideas related to cryptocurrency were welcomed from the very top of the government,” he said.
Read More: Nuvama Wealth Management Fixes December 26 as Record Date for First Ever Stock Split
