FTX US Market Value Hits $8 Billion After $400 million Funding Raise

Crypto derivatives exchange FTX is raising a funding round with a private valuation just north of $20 billion. Per The Block, the exchange is reportedly looking for funding anywhere from $400 million to $1 billion.  The latest funding raise would be used to expand FTX’ exchange offerings beyond cryptocurrencies in light of competitors venturing into […]

The New York City-based bitcoin exchange Coinsetter has filed to raise up to $1.5 million in venture capitalist funding with the United States Securities and Exchange commission. The company's CEO, Jaron Lukasiewicz, said that Coinsetter was only planning to raise $1 million, but would like the flexibility to raise more funding as the exchange prepares to launch to the public. It is currently in private beta. The company managed to raise about half-million USD back in April of this year, and this next round will certainly go a long way in improving the service, which hopes to attract....

Animoca has raised $65 million in its latest funding round, with more than 43.8 million of newly issued shares to be distributed to investors at a price of $1.51 per share. NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures, Sequoia China, Dragonfly Capital to name a few.It’s more vindication for a company that....

The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been “engaging with a number of investors.” Sources Say Uniswap Is Eyeing a Fresh Capital Raise From Investors Like Polychain According to four unnamed sources familiar with the matter, Uniswap is eyeing fresh capital from investors. The news stems from a report published by Tech Crunch....

The potential $1 billion funding round would add to the $400 million FTX raised in January, with the firm said to be seeking more capital to snap up deals amid the crypto winter. Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion in new funding, as it looks to utilize extra capital for financial acquisitions during the bear market. According to a Sept. 21 report from CNBC which cites sources close to the matter, the talks are still ongoing and the details could still be subject to change. If found to be true, the funding amount would....