Crypto exchange FTX US closes $400M funding round to reach $8B valuation
The new funding will be put toward expanding FTX US' workforce and introducing new offerings. Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital.FTX US president Brett Harrison said that this development puts their firm as one of the largest crypto exchanges in the United States, and sends a message to the world that they are growing very rapidly.Harrison indicated that....
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Consensys Aims for Billion+ Valuation in Next Funding Round
Consensys, one of the main software providers in the Ethereum ecosystem, is reportedly aiming to achieve a valuation that could reach....
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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 […]