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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

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