Tag: FTX

FTX acquires Japan’s FCA-licensed crypto exchange Liquid

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American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries.  As a part of the deal, FTX will acquire Quoine Corporation, a Financial Services Agency (FSA)-approved crypto exchange. As Cointelegraph previously reported, Quoine acquired a Type I Financial Instruments Business license under the Financial Instruments and Exchange Act from the Japanese regulatory authorities. FTX is pleased to announce the acquisition of the Liquid group of companies, including an FSA-registered crypto-asset exchange to provide products and services to…

Coachella Music Festival to Launch Solana NFTs in Deal With FTX

The first set, called the Coachella Keys Collection, consists of just 10 tokens, each offering lifetime festival access and other VIP goodies (among them, a “celebrity chef dinner”). There’s also the Desert Reflections Collection – 1,000 tokens priced at $180 each, which buyers can redeem for a physical copy of a Coachella photo book – and the Sights and Sounds Collection, which mostly just gets you the token and audiovisual accompaniment. The Sights and Sounds NFTs are priced at $60 each, and will launch in an edition of 10,000. Source

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News

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Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 Billion FTX Trading Ltd. has raised $400 million in a Series C fundraising round according to an announcement on Monday. The fundraise follows the firm’s Series B at the end of July last year and…

Crypto exchange FTX valued at $32 billion amid bitcoin price plunge

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Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices. The Bahamas-based company said Monday that it raised $400 million in a Series C financing round — its third fundraise in the last nine months. FTX, which offers…

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Crypto Exchange FTX Reaches Massive $8 Billion Valuation in New Funding Raise

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Crypto exchange FTX has reached a staggering new valuation after it completed its latest round of fundraising. According to a press release, the company closed $400 million during its Series A round of funding today, which now has FTX valued at $8 billion. Brett Harrison, FTX’s president, says that the crypto exchange’s valuation reflects its rapid growth in 2021 and will serve as the foundation for its future. “FTX US scaled rapidly throughout the course of 2021, and our Series A valuation reflects both what we’ve concretely accomplished and what…

FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion – Finance Bitcoin News

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On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brings the U.S.-based trading platform’s post valuation to $8 billion. FTX US Reveals $400 Million Capital Raise, Firm Aims to Expand Staff to ‘100-Strong’ Following parent company FTX raising $420.69 million three months ago, the U.S.-based trading platform FTX US announced it has raised $400 million in a Series A funding round. The Chicago-based…

Crypto exchange FTX US closes $400M funding round to reach $8B valuation

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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 the firm will use the funds to further its offerings as…

FTX US Attains $8B Valuation in $400M Fundraise Including SoftBank, Temasek: Report

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