A new name in institutional crypto finance has launched with the aim of putting Bitcoin at the centre of treasury strategy for hedge funds and digital asset firms.
Falconedge is a spinout from London-based Falcon Investment Management, one of the UK鈥檚 most experienced players in regulated crypto investing, and becomes the latest in a series of UK companies to adopt a 鈥楤itcoin treasury鈥� strategy.
It is building a focused platform that blends Bitcoin treasury advisory with hedge fund consulting.
This follows in the footsteps of firms such as Cel AI Plc, a firm once backed by David Beckham which began life as a CBD beauty products firm but has pivoted to GenAI-generated beauty advice – recently raising 拢10m in a share placing specifically to buy Bitcoin.
Another business building a Bitcoin treasury is Guildford-based The Smarter Web Company, which recently spent almost 拢20m acquiring more BTC.
Falconedge has adopted it as its primary treasury reserve asset, citing its strength as a store of value, long-term growth potential and protection against inflation.
Paragraf secures 拢41m funding after being pushed to the brink
Falcon Investment Management, the company which it has spun out from, was one of the first firms in the UK to launch a regulated crypto fund back in 2018.聽
At its peak, it managed over $850m in digital assets and went on to launch one of the earliest and most successful DeFi-focused funds in 2021.
The launch follows a successful pre-IPO raise, with Falconedge now preparing to go public in September.聽
Most of the funds raised will go straight into building its Bitcoin treasury.
鈥淲e’re proud to launch Falconedge as a next-generation platform that puts Bitcoin at the heart of institutional treasury strategy,鈥� said Roy Kashi, CEO of Falconedge.聽
鈥淭his pre-IPO raise positions us to accelerate growth and deepen our impact in digital asset finance.鈥�