Crypto Prime Broker FalconX's Head of Trading Brian Strugats Has Left the Business

4 weeks ago

Strugats was based successful New York and had worked for the crypto trading steadfast for much than 3 years.

Mar 4, 2025, 5:29 p.m. UTC

Brian Strugats, caput of trading astatine cryptocurrency premier broker FalconX, has near the business, according to an interior memo seen by CoinDesk.

Strugats near the steadfast past week, the memo said.

He had been employed by the crypto steadfast for much than 3 years, and was based successful New York, according to his LinkedIn profile.

Both Strugats and FalconX declined to comment.

Prime brokers are an indispensable portion of fiscal markets, some crypto and TradFi. They are liable for providing trading, financing and custody services to ample institutions.

Prior to FalconX, Strugats antecedently worked astatine concern steadfast XN and Glenhill Capital. He started his vocation arsenic a money accountant astatine GlobeOp.

FalconX was established successful 2018 and was valued astatine $8 cardinal astatine the clip of a mid-2022 backing round. It describes itself arsenic the largest integer assets premier brokerage for institutions.

Read more: FalconX Raises $150M astatine $8B Valuation

Will Canny

Will Canny is an experienced marketplace newsman with a demonstrated past of moving successful the fiscal services industry. He's present covering the crypto bushed arsenic a concern newsman astatine CoinDesk. He owns much than $1,000 of SOL.

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