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: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • You need to login to comment.