FTX Raises $900 Million, Highest Raise In History

Offering over 60 investors FTX Trading Ltd has just raised $900 million with a value of $18 billion currently.

Bitcoin fan preferred exchange In a release released to the Bitcoin Magazin FTX Trading Ltd. claimed that it would have completed a $18 billion Series B fundraising project.

About Sixty investors, including as Paul Tudor Jones, Coinbase Ventures, VanEck and Insight partners were involved, and many others, according to the statement.

via ftx.com

Over Sixty investors, including as Paul Tudor Jones, Coinbase Ventures, VanEck and Insight partners were involved, and many others, according to the statement.

Many of the investors were only spectacular about Sam Bankman-Fried, the company’s CEO.

“Crypto has the potential to disrupt our global financial system, and we believe FTX will be core to this theme for years to come,” said Deven Parekh, managing director at Insight Partners.

And we anticipate that FTX will be at the centre of this topic for future many years. “We believe this is only the beginning of FTX’s growth story and are thrilled to partner with them on the journey ahead.”

Investor and Businessman Anthony Pompliano congratulated the exchange and the CEO SBF Alameda.

Some congratulated in a funny manner.

The official Twitter handle of FTX announced the new era of digitalisation.

According to the publication, the funds are allocated to “further develop their product offerings and user base” and use the resources to increase the company via strategy investments.

They develop their partnership network for their FTX Pay, FTX Liquidity programme and FTX NFT line-ups to support further growth for the organisation. This will certainly significantly increase the company’s global presence.

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