Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
FalconX rolls out 24/7 OTC crypto options trading with BTC, ETH, SOL and HYPE at launch

FalconX rolls out 24/7 OTC crypto options trading with BTC, ETH, SOL and HYPE at launch

The BlockThe Block2025/09/28 16:00
By:By James Hunt

Quick Take FalconX has launched its Electronic Options trading platform, offering fast and scalable execution for OTC crypto options trading. The platform aims to solve fragmented OTC crypto options markets, enabling institutional investors to execute strategies 24/7 via a single interface.

FalconX rolls out 24/7 OTC crypto options trading with BTC, ETH, SOL and HYPE at launch image 0

Institutional digital asset prime broker FalconX announced the launch of Electronic Options on Monday — a 24/7 trading platform that aims to combine the efficiency and scalability of electronic execution alongside the tailored features of over-the-counter crypto options trading.

The crypto options market is expanding quickly as hedge funds, market makers, and fintech platforms seek hedging, volatility, arbitrage, and ETF-related strategies. However, FalconX argues that crypto options trading has historically been constrained by fragmented OTC markets and limited access through exchange platforms, creating inefficiencies for institutions. Electronic Options seeks to address this by offering 24/7 execution of options strategies through both a user interface and API, supported by FalconX's liquidity network and established trading infrastructure — one of the largest institutional options desks globally.

"The options market is the next major frontier in institutional crypto," FalconX Global Co-Head of Markets Josh Lim said in a statement shared with The Block. "We built this platform to address the longstanding challenges of fragmented liquidity and lack of round-the-clock access. With FalconX Electronic Options, clients get the same execution quality our OTC desk is known for — now in a format designed for scale, distribution, and true 24/7 access."

Launching with support for BTC, ETH, SOL and HYPE

Backed by investors including Accel, GIC, and Tiger Global Management, FalconX's Electronic Options platform draws on Request for Quote (RFQ) models that modernize FX, rates, and credit markets. It's designed to meet institutional standards with differentiated liquidity, intuitive workflows, and seamless integration.

At launch, the platform offers options on BTC, ETH, SOL, and HYPE, with features including proprietary principal liquidity for improved pricing, a matrix-style builder for multi-leg strategies, and plans to expand coverage to additional altcoins.

Crypto trading technology provider Talos is one of the first partners to integrate the solution via API. 

"FalconX's Electronic Options platform sets a new bar for institutional access to crypto derivatives, combining deep liquidity with best-in-class execution infrastructure," Talos CEO Anton Katz said. "This launch is a major step forward in scaling professional crypto markets and expanding access to sophisticated tools across the ecosystem."

Growing adoption of crypto options

The launch comes amid growing adoption in the crypto options space more generally. Earlier this month, CME Group set out plans to launch options on its SOL and XRP futures products, in addition to BTC and ETH.

In August, Coinbase completed the acquisition of crypto derivatives exchange Deribit — positioning the platform as the global leader in crypto derivatives by open interest and options volume, integrating Deribit's $59 billion in open interest and over $1 trillion in annual trading volume.

Last year, the Securities and Exchange Commission gave NYSE and Cboe the go-ahead to list options trading for multiple spot Bitcoin ETFs. Subsequent proposals were also submitted to the agency for options on spot Ethereum ETFs.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: CFTC's Broader Role in Crypto Regulation Ignites Discussion on Clearer Rules

- U.S. lawmakers propose expanding CFTC's crypto oversight via a bill reclassifying spot trading, diverging from SEC's enforcement approach. - Harvard University invests $443M in BlackRock's IBIT ETF, reflecting institutional confidence in crypto as a legitimate asset class. - DeFi projects like Mutuum Finance raise $18.7M in presales, leveraging regulatory momentum and transparent on-chain credit systems. - RockToken's infrastructure-backed crypto contracts attract long-term investors with structured yiel

Bitget-RWA2025/11/16 03:00
Bitcoin News Update: CFTC's Broader Role in Crypto Regulation Ignites Discussion on Clearer Rules

DASH Aster DEX's Latest On-Chain Growth and What It Means for DeFi Liquidity

- DASH Aster DEX leads 2025 DeFi shift with hybrid AMM-CEX model and multi-chain support (BNB, Ethereum , Solana), boosting TVL to $1.399B and Q3 daily trading volumes of $27.7B. - Platform's 1,650% ASTER token price surge post-TGE attracted 330,000 new wallets, with 94% of BSC-USD volume ($2B/day) driving institutional adoption via Binance/YZi partnerships. - ASTER token mechanics enable 80% margin trading, 5-7% staking rewards, and governance rights, while annual 5-7% fee burns create scarcity and align

Bitget-RWA2025/11/16 03:00
DASH Aster DEX's Latest On-Chain Growth and What It Means for DeFi Liquidity

Astar 2.0: Leading a New Generation of DeFi and Cross-Chain Advancements

- Astar 2.0 introduces a zkEVM mainnet and cross-chain interoperability, slashing gas fees and enabling 150,000 TPS with 2025 scalability goals. - Strategic partnerships with Mazda, Japan Airlines, and Sony demonstrate blockchain's real-world applications in logistics, loyalty programs, and digital asset tokenization. - Q3 2025 data shows $2.38M DeFi TVL growth and 20% active wallet increase, alongside a $3.16M institutional ASTR token acquisition. - The platform aims to solidify its role as a foundational

Bitget-RWA2025/11/16 02:44
Astar 2.0: Leading a New Generation of DeFi and Cross-Chain Advancements

Aster DEX Introduces New On-Ramp: Transforming Retail Participation in DeFi

- Aster DEX integrates institutional-grade custody and privacy tech (zero-knowledge proofs) to bridge retail-institutional DeFi gaps via BNB Chain partnerships. - TVL surged to $2.18B by late 2025 through yield-bearing stablecoins and hidden orders, attracting both retail and institutional liquidity. - Despite compliance gaps and wash trading concerns, Aster's Binance alignment and Coinbase listing signals growing institutional validation.

Bitget-RWA2025/11/16 02:44
Aster DEX Introduces New On-Ramp: Transforming Retail Participation in DeFi