Summary: Crypto derivatives exchange FTX announced that it has completed a record $900 million in financing at a valuation of $18 billion. A total of more than 60 investors participated in the financing, including Sequoia Capital, Third Point, Lightspeed Venture Partners, Coinbase Ventures, Softbank, Sino Global Capital, Multicoin, the Paul Tudor Jones family, VanEck, Circle, and ...
Crypto derivatives exchange FTX announced that it has completed a record $900 million in financing at a valuation of $18 billion.
A total of more than 60 investors participated in the financing, including Sequoia Capital, Third Point, Lightspeed Venture Partners, Coinbase Ventures, Softbank, Sino Global Capital, Multicoin, the Paul Tudor Jones family, VanEck, Circle, and hedge funds Izzy Englander and Alan Howard.
According to the company, the $900 million in financing has brought FTX's post-transaction valuation to $18 billion, representing the largest crypto investment round to date, this is also an important milestone for FTX, which was valued at only $1.2 billion a year ago.
By Mary Liu
Tags: FTX,Sequoia Capital,Softbank,Third Point
Link: FTX Secured $900 Million Series B Round At A Valuation Of $18B, Supported By Over 60 Investors Including Sequoia Capital, SoftBank [Copy]
