“I think we’re not entering a long term crypto winter. There have been changes in expectations of interest rates, and that’s been moving crypto markets,” FTX's CEO said.
Monday that it closed a $400 million Series C funding round, bringing the firm to a $32 billion in valuation.raised $400 millionAccording to the announcement, the latest fundraise saw participation from Singaporean state investor Temasek, digital asset investment firm Paradigm, Canada’s Ontario Teachers’ Pension Plan Board, Tiger Global, SoftBank Vision Fund 2, and others. All the firms simultaneously participated in the aforementioned FTX US funding round.
The new funding marks a major milestone for FTX as the company has secured $1.8 billion over the past six months, CEO Sam Bankman-Fried said. The new round will help the company to continue launching more products as well as expand its global presence with additional regulatory approvals and licenses, he noted.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
FTX Reaches $32B Valuation With $400M FundraiseCrypto exchange FTX_Official's value has jumped to $32 billion following its latest funding round, which raised $400 million. By JamieCrawleyCD
Les mer »
Cryptocurrency Exchange FTX Hits $32 Billion Valuation Despite Bear Market FearsFTX has built up a war chest of funds at a time when crypto prices have sunk considerably.
Les mer »
FTX Nabs $400 Million at $32 Billion Valuation.ftx_app has raked in $400 million during its latest funding round
Les mer »
FTX Valuation Hits $32 Billion Following a $400 Million Funding Round: ReportSam Bankman-Fried's crypto exchange FTX has raised another $400 million in a Series C funding round.
Les mer »
Cryptocurrency Exchange FTX Hits $32 Billion Valuation Despite Bear Market FearsFTX has built up a war chest of funds at a time when crypto prices have sunk considerably.
Les mer »
FTX Reaches $32B Valuation With $400M FundraiseCrypto exchange FTX_Official's value has jumped to $32 billion following its latest funding round, which raised $400 million. By JamieCrawleyCD
Les mer »