FTX to raise $1 billion to buy new crypto companies
The total valuation of the exchange is now at $32 billion
22.09.2022 - 11:00
315
1 min
0
What’s new? Cryptocurrency exchange FTX is in talks with investors to raise $1 billion to buy new companies operating in the field of digital assets. According to CNBC sources, this funding will keep the platform’s preliminary valuation at $32 billion. Confidential negotiations are underway and the terms of the deal are subject to change. FTX investors include Temasek, SoftBank’s Vision Fund 2, and Tiger Global.
What is known about FTX? It is a centralized cryptocurrency exchange for trading derivatives headquartered in the Bahamas. It was created in 2018 by trader Sam Bankman-Fried and programmer Gary Wang. As of 2022, the platform has more than one million registered users. Its daily trading volume as of September 22 is $2,9 billion, according to CoinMarketCap. The platform features 340 coins and 524 currency pairs.
Earlier, it was reported that the venture division of FTX plans to buy a stake in investment company SkyBridge Capital.
Also, Sam Bankman-Fried’s companies won the auction to buy the assets of the bankrupt crypto broker Voyager Digital. Under the terms of the deal, Alameda Research will pay off $200 million in debts to creditors of the crypto broker.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 434
BTC
-0.22%
-
Ethereum
$3 433.13
ETH
+2.59%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.48
XRP
-7.91%
-
Dogecoin
$0.444977
DOGE
+8.97%
-
Cardano
$1.07
ADA
-4.6%
-
Stellar XLM
$0.502845
XLM
+17.02%
-
Polkadot
$9.51
DOT
+35.92%
-
Bitcoin Cash
$519.66
BCH
+3.01%
-
Litecoin
$101.48
LTC
+6.17%