CNBC: Crypto Exchange FTX Wants to Raise Billion Dollars

CNBC: Crypto Exchange FTX Wants to Raise Billion Dollars
CNBC: Crypto Exchange FTX Wants to Raise Billion Dollars

(ABM FN-Dow Jones) Crypto exchange FTX wants to raise a billion dollars from investors in a new financing round. This was reported by the American CNBC on Wednesday, citing sources.

The new financing round would value FTX at $32 billion, equal to the valuation at an earlier financing round in January this year.

Talks about new funding are still ongoing and terms could change, the sources told CNBC.

Existing shareholders of FTX are Temasek, SoftBank’s Vision Fund 2 and Tiger Global.

FTX declined to comment on the rumors to CNBC.

On Wednesday, The Wall Street Journal reported that FTX and Binance are hunting bankrupt Voyager Digital.

Source: ABM Financial News

From Beursplein 5, the editors of ABM Financial News closely follow developments on the stock exchanges, and the Amsterdam stock exchange in particular. The information in this column is not intended as professional investment advice or as a recommendation to make certain investments.

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