What Do We Know About Crypto Exchange FTX And Skybridge’s Recent Deal
Crypto exchange FTX’s venture arm has planned on buying a 30% stake in Skybridge Capital. Skybridge Capital is a hedge fund which was founded by Anthony Scaramucci. The amount for which the deal was closed has not been disclosed as of yet. As per reports, SkyBridge will be utilising $40 million from the proceeds to […]
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It appears that the current crypto market turmoil is not affecting sports sponsorships. This is revealed from the recent sealed deal between Manchester City and OKX crypto exchange company. Manchester City is sitting strong on the current deal they have just sealed with the digital currency exchange firm OKX. The English Premier League (EPL) champions, […]
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change. FTX Ventures, an arm of Sam Bankman-Fried’s FTX crypto exchange, will acquire a 30% stake in alternative asset manager SkyBridge Capital, the firms announced Sept. 9. The terms of the deal were not disclosed, but SkyBridge will use $40 million of the proceeds to purchase cryptocurrencies to hold as a long-term investment, according to a statement. SkyBridge founder and managing partner Anthony Scaramucci....
SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.
On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for....
Announced earlier this week, the two companies said the deal is expected to be finalized immediately, without disclosing the financial terms. BOA Exchange is a crypto exchange that has accumulated a vast user base, offering free alt tokens in airdrops and staking coins. The deal further expands the reach of Bitcoin.com exchange into the underserved Eastern European and Southern Asia marketplaces. BOA Exchange came onto the scene in 2018 during the height of the ICO craze making a name for itself in the altcoin and airdrop marketplace, offering cheap listings and a plethora of free tokens....