Informed sources: Investment banks including Cantor Fitzgerald are vying to underwrite FalconX's potential IPO.

Techub News, according to CoinDesk citing informed sources, Wall Street financial institutions including investment bank Cantor Fitzgerald are vying to serve as underwriters for cryptocurrency brokerage FalconX's potential IPO. Sources revealed that FalconX has held preliminary discussions with potential advisors but has not formally appointed bankers for its initial public offering.

In June last year, Decrypt reported that FalconX had held informal talks with bankers and advisors regarding a listing. Later that same year, the company's CEO Raghu Yarlagadda told The Wall Street Journal that the company was considering an IPO.