FTX US raises $400 million
Cryptocurrency exchange FTX US has raised $400 million of Series A venture funding at an $8 billion valuation, making it one of the world’s most valuable private crypto firms. Japan's SoftBank and Singapore's Temasek participated in the round together with other investors.
FTX US is the American affiliate of cryptocurrency exchange FTX - founded in Hong Kong in 2019 and recently valued by investors at $25 billion.