Express

Sam Bankman-Fried Revealed FTX Is Currently Valued At $3.5 Billion

Mary Liu

Summary: According to Bloomberg, Sam Bankman-Fried, the founder and CEO of FTX, a crypto derivatives trading platform, revealed that FTX is currently valued at $3.5 billion. Bitpush previously reported that the one-year-old company was headquartered in Hong Kong. It recently raised $40 million at a valuation of $1.2 billion. Sam Bankman-Fried holds approximately 50% of the ...

According to Bloomberg, Sam Bankman-Fried, the founder and CEO of FTX, a crypto derivatives trading platform, revealed that FTX is currently valued at $3.5 billion. Bitpush previously reported that the one-year-old company was headquartered in Hong Kong. It recently raised $40 million at a valuation of $1.2 billion. Sam Bankman-Fried holds approximately 50% of the shares.

By Mary Liu

Last Update:

Tags: ,,
Link: Sam Bankman-Fried Revealed FTX Is Currently Valued At $3.5 Billion   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 21 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 24 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 28 days ago
  • You need to login to comment.