FalconX, the U.S.-based digital asset brokerage firm, has expanded its presence in Latin America. On Tuesday, July 29 the platform announced its entry into the LATAM region starting with Brazil with the aim of catering to the rising demand for crypto brokerage services in the region.
As part of the operational roadmap in the region, FalconX said it plans to offer solutions around deep liquidity, capital efficiency tools, and enterprise-grade infrastructure to institutional investors.
“Latin America is one of the fastest-growing regions for crypto adoption, supported by a tech-forward financial sector, early regulatory frameworks, and real economic drivers,” said Josh Barkhordar, Head of Americas, Sales at FalconX. “We’re proud to support financial institutions across the region with tailored solutions and deep global liquidity.”
The official handle of FalconX also confirmed the progress on X.
Stepping into Brazil, FalconX has announced partnerships with — BTG Pactual and Mercado Bitcoin to support its strategic expansion into the region. Founded in 1983, BTG Pactual is touted as the largest investment bank in Latin America that offers services across wealth management, investment banking and corporate lending among others. Mercado Bitcoin, on the other hand, is a crypto exchange that was launched in 2013 as a pioneer in Brazil’s crypto market.
Andre Portilho, the Head of Digital Assets at BTG Pactual said that with this partnership with FalconX, the company is looking for a “meaningful edge” in the LATAM region with deep liquidity and global crypto execution capabilities. Reinaldo Rabelo, CEO of Mercado Bitcoin also lauded FalconX’s entry into Brazil calling it a “significant step toward strengthening the region’s institutional digital asset ecosystem.”
For now, Brazil is yet to establish comprehensive rules around cryptocurrencies. Citizens, however, are allowed to engage with crypto assets in the region. For now, the financial authorities of Brazil ensure that all crypto service providers are complaint with taxation and anti-money laundering policies. The regulatory landscape around crypto are also gradually evolving in other parts of Latin America that includes Mexico, Central America, and regions of South America.
As far as FalconX is concerned, it has also been making strides in terms of expanding its collaborations with institutional investors. Earlier in May, for instance, the platform teamed up with Standard Chartered to serve the increasing demand for digital assets among large scale investors.