Sam Bankman-Fried

FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion

<div class=”featured_image_container”> </div> <strong>FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence.</strong> FTX Closes Largest Capital Raise in Crypto …

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FTX smashes crypto funding record with $900m raise to become exchange decacorn

FTX, the cryptocurrency derivatives exchange founded by Sam Bankman-Fried, has closed a $900 million funding round – highlighting once again that venture capitalists are shrugging off market turmoil in their quest to uncover quality blockchain plays. The Series B investment round had over 60 participants, including Softbank, Sequoia Capital, Coinbase Ventures, Multicoin, VanEck and the …

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Billionaire SBF says FTX may one day buy Goldman Sachs and CME

Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile Exchange (CME) in the future. Speaking with the Financial Times on July 14, Bankman-Fried stated that if FTX can become the top crypto exchange and supplant rivals such as Coinbase and Binance, the …

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FTX crypto exchange integrates institutional trading tool ClearLoop

FTX has become the latest crypto exchange service to join ClearLoop — an instant trading settlement infrastructure from Brevan Howard-backed Copper.co. As part of the integration, Copper’s over 300 institutional asset managers will be able to access FTX crypto offerings such as cryptocurrency futures, options, volatility markets, as well as tokenized stocks among others. At over …

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FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal

<div class=”featured_image_container”> </div> <strong>FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady will serve as the ambassador for …

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FTX Becomes MLB’s Official Cryptocurrency Exchange Brand in Long Term Deal

<div class=”featured_image_container”> </div> <strong>Following the naming rights deal for the NBA’s Miami Heat arena and the partnership with the esports giant TSM, FTX Trading Limited revealed a long term partnership with the professional baseball organization Major League Baseball (MLB).</strong> FTX Partners With Major League Baseball FTX Trading Limited and its parent company West Realm Shires …

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Solana Aims to Raise $450 Million to Battle Ethereum Supremacy

<div class=”featured_image_container”> </div> <strong>Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem.</strong> Solana to …

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FTX Lands Naming Deal With Esports Giant TSM for $210 Million

<div class=”featured_image_container”> </div> <strong>On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.”</strong> Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired …

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Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

<div class=”featured_image_container”> </div> <strong>The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX.</strong> Circle Reveals $440 Million in Financing Circle Internet Financial, …

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Cobie Livestream Raises $800,000 in Crypto to Pay Child’s Cancer Treatment

<div class=”featured_image_container”> </div> <strong>Cobie, the host of the Uponly podcast and a popular crypto Twitter personality, bolstered a fundraising session for John Oliver, a six-year-old kid that is currently battling leukemia. The initiative was quite successful, getting the attention of the likes of FTX executive Sam Bankman Fried, and managed to raise more than $800,000 …

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