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FTX Announces Record-Breaking $900M Series B Funding Round – On-ramps are expanding rapidly!

FTX Announces Record-Breaking $900M Series B Funding Round – On-ramps are expanding rapidly!



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  1. tldr; FTX Trading has raised $900 million in its Series B funding round. The funds raised brings the valuation of the company to around $18 billion. The funding will also grow the wealth of CEO Sam Bankman-Fried, who owns around 58% of shares in FTX. The fresh capital will help FTX compete more with the likes of Coinbase and Binance.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Never heard of it amd now some brat gets an insta billionaire status for….leveraged crypto derivatives. Wall street piling on. What could go wrong?

    Is this the real reason for the market depression?

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