Crypto Platform FalconX Quintuples Valuation

FalconX CEO Raghu Yarlagadda discusses how his company’s valuation has quintupled in five months to USD 3.75 billion after securing USD 210 million in funding. He also talks about the Biden administration’s recently approved infrastructure bill not including a provision on cryptocurrencies and how that may effect digital currencies. He speaks with Emily Chang on “Bloomberg Technology.”

The segment aired on August 11, 2021.