American Express Invests In Bitcoin Venture

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American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading c American Express' Venture Arm Invests in a Cryptocurrency Trading Platform – TheBitcoinDesk

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American Express Co.'s Venture Arm Has Invested In The Falconx Cryptocurrency Trading Platform. Alex. by Alex. December 19, 2020. Share. Ledger Live.

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19/12/2020 · American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s desire to cash in on the growing institutional interest in cryptocurrencies.

The investment was led by American Express Ventures, the financial institution's venture capital arm, per a recent press release. The press release didn't reveal the investment's size or how much American Express purchased in FalconX. However, the company's financial backing adds to the $17 million that FalconX raised in May. American Express.

16 Dec 2020.

s venture arm, American Express Ventures, has invested in the FalconX.

The Fund will invest directly in bitcoin with its holdings of BTC priced.