MHC Digital Group has announced a strategic partnership with FalconX to provide digital asset derivatives to the Australian wholesale market. The new offering will deliver a full suite of options, structured products, and other derivatives through MHC’s trading platform, MHC Markets.
MHC Markets, launched in late 2024, will integrate FalconX’s global derivatives capabilities with MHC’s local expertise. The partnership aims to meet growing institutional demand for crypto exposure in Australia, a market where at least one in four Australians have invested in crypto assets.
“Powerful offering for Australian wholesale investors”
Matt Long, General Manager, APAC and Middle East at FalconX, commented, “Partnering with MHC, with its deep understanding of Australian investors and proven track record in digital assets, is a significant milestone in FalconX’s expansion across APAC. MHC’s market expertise and innovative approach, combined with our derivatives capabilities, will allow MHC to provide Australian wholesale investors with an unparalleled suite of digital asset products within Australia’s sophisticated capital markets.”
Edward Carroll, Head of MHC Markets, commented, “Our combined expertise creates a powerful offering for Australian wholesale investors who have a proven history of utilising derivatives in traditional asset classes. We see FalconX as a global leader in digital asset derivatives and this partnership brings MHC closer to realizing our vision of creating a premium, trustworthy capital markets service for digital assets.”
The partnership comes at a time of increasing institutional adoption of digital assets in Australia. Recent moves, such as AMP Capital’s Bitcoin futures investment in 2024, signal growing interest from mainstream asset managers. Australia’s superannuation and wealth management sectors, managing more than AUD 5 trillion, are seen as key areas for potential growth in digital asset exposure.
MHC Digital Group, founded by venture capitalist Mark Carnegie, has developed a diversified platform focused on transforming traditional finance through digital assets. Over the past year, MHC expanded its services to include tokenized assets and blockchain infrastructure solutions, positioning itself to meet the needs of institutional investors seeking compliant, sophisticated digital asset products.
FalconX, a Silicon Valley-based digital asset prime broker, offers global access to digital liquidity and a full range of trading services. In 2024, FalconX expanded its international footprint with new offices in Singapore and Valletta, strengthening its ability to serve institutional clients across APAC and EMEA regions.
The partnership between MHC and FalconX combines global scale with local market knowledge, creating a platform that can meet Australia’s increasing demand for regulated, institutional-grade crypto derivatives. Both companies stated they are committed to supporting Australia’s evolving regulatory framework as both major political parties push for clearer crypto legislation in 2025.
FalconX is backed by investors including Accel, GIC, Lightspeed Venture Partners, Tiger Global Management, and American Express Ventures. MHC Digital Group continues to leverage the network and investment experience of Mark Carnegie, extending its reach into structured finance, custody services, and digital investment banking.