MHC brings crypto derivatives to Aussie wholesale investors

Patrick Buncsi

29 April 2025

MHC Digital Group, a digital assets platform backed by wealth industry veteran Mark Carnegie, is set to introduce FalconX’s suite of digital asset derivatives to the Australian wholesale investment market.

As part of the deal, the Silicon Valley-headquartered FalconX, touted as a “global leader” in crypto asset brokerage, will make available its “comprehensive suite” of digital asset derivatives, options, and structured products on MHC’s recently launched trading platform, MHC Markets.

According to the pair, the partnership will combine FalconX’s global leadership in digital asset derivatives (a derivative based on cryptocurrencies and stablecoins) with MHC’s local knowledge, relationships, and breadth of offering.

MHC, a specialist digital assets platform, is part of the Australian Financial Services-licensed group of companies founded by venture capitalist, entrepreneur and wealth industry veteran Mark Carnegie, the former chief executive of Lazard Australia Private Equity.

FalconX general manager for APAC and Middle East Matt Long hailed the partnership as a “significant milestone” in delivering on the firm’s APAC expansion ambitions.

“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,” Long said.

MHC Markets global markets head Edward Carroll said the partnership “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 realising our vision of creating a premium, trustworthy capital markets service for digital assets.”

MHC said its new partnership would help it serve growing wholesale investor demand for crypto assets and create a premium investment banking service for digital assets.

The 2025 IRC index, released by Australian crypto investment firm the Independent Reserve Cryptocurrency, reveals the increasing prominence and record high adoption of crypto assets by Australian investors, with nearly one-third (32.5%) of local investors confirming they currently own or have owned cryptocurrency, up from 27.5% in the previous year.