FalconX Launches Automated Clearing Service for Crypto Miners in Asia Pacific

Digital asset prime broker FalconX has launched an automated clearing service aimed at improving capital efficiency for cryptocurrency miners in the Asia-Pacific region. The service is part of a broader platform for the industry that FalconX has launched to help miners operating in capital-constrained environments manage liquidity more effectively.
FalconX revealed that it offers a service that automatically converts cryptocurrency mining rewards, including bitcoin, litecoin, and other proof-of-work tokens, into dollars.