Crypto Prime Broker FalconX Starts FX Desk With Hires From BCB Group

Cryptocurrency prime broker FalconX is launching a dedicated foreign exchange desk in London that will be staffed by a team hired from crypto banking firm BCB Group.

The team will be led by Ben Sebley, who is joined by Richard Usher as head of FX trading and Lux Thiagarajah as head of commercial FX. The desk will number five people in total. The FX desk plans to establish new fiat gateways and enhance fund movements across traditional currency pairs with same-day settlement options, FalconX said.

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