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 Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 12 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.