Crypto

FTX

FTX raises $900M Series B at $32B valuation

$900M
Total Raised
Series B
Latest Round
2019
Founded
300+
Employees
Nassau, Bahamas
1 min read

Quick Facts

Valuation
$32B
Latest Round Size
$900M
Latest Round Date
January 2024

FTX: Series B Funding Round

FTX has successfully raised $900M in Series B funding, reaching a valuation of $32B.

Company Overview

Cryptocurrency derivatives exchange

Funding Details

The Series B round was led by Sequoia Capital, with participation from Paradigm.

Company Information

  • Headquarters: Nassau, Bahamas
  • Founded: 2019
  • Employees: 300+
  • Category: Crypto

Investment

FTX plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Sequoia Capital: Verified investor in Series B
  • Paradigm: Verified investor in Series B

Key Investors

Sequoia Capital
Lead Investor
Verified investor in Series B
Paradigm
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources