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FTX closes $900 million funding round at an $18 billion valuation

From theblockcrypto.com

Crypto exchange FTX has officially closed its Series B funding round, drawing in $900 million from an array of investors. Launched in 2019, FTX has grown to become one of the most publicly visible exchange venues, with its headline-catching sponsorship deals with the likes of Major League Baseball and e-sports team TSM, among others. The fundraise brings names to its cap table from across the crypto investment spectrum. Participants include SoftBank, Sequoia Capital, Paradigm, Lightspeed, Third Point, Alan Howard, Izzy Englander and the Paul Tudor Jones family, among others. In total, 60 investors participated in the ... (full story)

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