The company, which is among the major institutional investors in the cryptocurrency market, continues to purchase Falcon X altcoins.
According to Lookonchain's post, Falcon X is preparing for the bull. At this point, Falcon X purchased approximately $23 million from Binance, the world's largest cryptocurrency exchange.
Accordingly, Falcon MATIC) was acquired.
Analysts commenting on Falcon X's latest altcoin purchase stated that the purchases are part of FalconX's long-term investment strategy and efforts to diversify its portfolio.
*This is not investment advice.