In a recent interview on The Watchlist, Ricki Lee sat down with Roy Kashi, CEO of Falconedge PLC (USOTC:FEDGF), to discuss the company’s impressive early-year performance. Despite a turbulent period for cryptocurrency prices, Falcon Edge has reported a second consecutive month of gains from its Bitcoin yield strategy and successfully extended its reach into the American market.
Steady Returns in a Volatile Market
While Bitcoin has faced significant price weakness over the last quarter—dropping nearly 30% since the start of December—Falconedge’s treasury strategy has remained remarkably resilient.
Kashi reported that for January, the company achieved a 1.88% return on its Bitcoin treasury. This follows a strong December debut which saw returns of 1.29%.
Key Performance Highlights:
- January Yield: 1.88%
- Asset Growth: The yield translated to an additional 0.36 BTC added to the balance sheet.
- Organic Growth: These gains were achieved without capital raising or shareholder dilution.
“We have zero correlation to the performance of Bitcoin on our returns,” Cashy explained. “Whether Bitcoin were to double or halve, it has zero correlation to what we return on our yield strategies.”
The Strategy: Low Risk, High Diversification
A common concern for investors in the crypto space is the inherent risk of market crashes. Kashi clarified that Falconedge mitigates this by allocating its Bitcoin balance sheet to a capital allocation fund managed by their sister company, a fund with a five-year track record of zero “down” months.
The strategy works by allocating capital to a wide range of managers across various asset classes, not just cryptocurrency. Crucially, the model features a “first loss” protection mechanism:
- Manager Accountability: The external managers take the first loss on any trade.
- Capital Protection: Losses do not hit Falconedge’s underlying capital.
- Broad Exposure: The strategy utilizes diverse financial products to ensure stability.
Expanding Horizons: The US Listing
Beyond its treasury performance, Falconedge is aggressively expanding its global footprint. As of February 2, 2026, the company officially began trading in the United States on the OTCQB market under the ticker FEDGF.
Why the US Listing Matters:
Previously, many international investors struggled to access Falcon Edge shares through UK-specific brokers. The new listing removes these barriers, providing exposure via major global platforms including:
- Fidelity
- Charles Schwab
- Interactive Brokers
While the listing is in its early “bedding-in” phase, Kashi expects to see a significant uptick in liquidity and activity as more international investors gain the ability to trade the stock.
Looking Ahead
Falconedge PLC appears to be carving out a unique niche: providing investors with the upside of Bitcoin ownership (as a treasury asset) combined with a steady, non-correlated yield that performs regardless of market direction.
As the company settles into its dual listing in the UK (Aquis) and the US (OTCQB), the focus remains on scaling this yield strategy and maximizing value for its global shareholder base.