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9-month-old crypto derivatives exchange FTX is raising $15M at a $1B valuation

Quick Take

  • Crypto derivatives exchange FTX is seeking to raise $15 million in an equity round at a $1 billion valuation, CEO Sam Bankman-Fried confirmed to The Block
  • The Hong-Kong based exchange has “significant” growth plans in store, including an expansion of its product line as well as the hiring of more employees.
Crypto derivatives exchange FTX is seeking to raise $15 million in an equity round at a $1 billion valuation, CEO Sam Bankman-Fried told The Block.

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