Express

Source: Crypto Exchange FTX Is Buying Shares Of Investment Community Stocktwits

Mary Liu

Summary: According to a report from Decrypt, multiple sources revealed that the crypto exchange FTX and its founder Sam Bankman-Fried are expanding their marketing channels by investing in the popular social investment community Stocktwits.  The source said that FTX may spend approximately $20 million of initial investment, or choose to buy Stocktwits directly.  Stocktwits was launched in ...

According to a report from Decrypt, multiple sources revealed that the crypto exchange FTX and its founder Sam Bankman-Fried are expanding their marketing channels by investing in the popular social investment community Stocktwits. 

The source said that FTX may spend approximately $20 million of initial investment, or choose to buy Stocktwits directly. 

Stocktwits was launched in 2009 to combine investment and social media. The company has an active community with 5 million users. According to sources, Stocktwits' current private valuation has exceeded $100 million. 

By Mary Liu

Last Update:

Tags: ,
Link: Source: Crypto Exchange FTX Is Buying Shares Of Investment Community Stocktwits   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 4 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 5 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 16 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 18 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 19 days ago

    • You need to login to comment.