[Cryptocurrency company FalconX seeks acquisitions to cope with a wave of industry consolidation] Golden Finance reported that FalconX co-founder and CEO Raghu Yarlagadda expects that as more institutional players enter the market and regulations become stricter, the transaction costs of cryptocurrencies will rise. He said in an interview that this in turn will trigger a "wave of consolidation" in 2025. Yarlagadda added: "At present, we are actively exploring potential acquisitions and evaluating related industries and major players therein." A spokesperson for FalconX said that potential acquisition opportunities have increased significantly. They added that the company is seeking to acquire high-quality small companies focusing on institutional infrastructure, data and analysis, tokenization, and expand its trading team in 2025.