
April 16th, 2025
The cryptocurrency exchange managed to raise record funding during the last quarter with its valuations soaring by more than 3x.
Amid the rapidly increasing adoption of all crypto-related projects, the Reddit co-founder said he is ready to commit $100 million into decentralized social media projects on the Solana blockchain.
The $100 million funds from the trio of Solana Ventures, Lightspeed Ventures, and FTX are already being used to bankroll Faraway Games, a new Web 3 gaming studio that raised $21 million on Thursday.
Binance has announced a partnership with well-known football club FC Porto that will see the exchange issue fan tokens for the club.
Chief Executive Officer of Chipper Cash said that the company is one of the most valuable private startups in Africa.
Mr. Wetjen will now lead FTX US communications with US regulatory and legislative bodies, including the CFTC, the SEC, and different House and Senate Committees.
In the interview, Bankman-Fried lauded the recently launched Bitcoin futures ETF listed on the New York Stock Exchange.
Three months after a $1 billion funding round, crypto exchange FTX raised $420M in another round. The funds will be used for expansion and operation improvements.
FTX will be responsible for supporting all leading ICC events till 2023 beginning with the first match series that is scheduled to commence from October 17th.
FTX.US also plans to start supporting NFTs on the Ethereum blockchain soon.
Sam Bankman-Fried mentioned that FTX was considering ways to attract the mainstream audience to its platform. Such deals can facilitate this.
Steph Curry would also be working as the global ambassador for the exchange.
According to the CEO, creators can make their own NFTs, list them for trade on the FTX platform, as the crypto exchange plans to open deposits and withdrawals within the next couple of weeks.
It is important to note that despite the acquisition, no material impact is expected to occur on LedgerX operations as it will continue to provide its current offerings to its existing customer base.
Not only would FTX rename the Cal stadium, both entities hope that the deal with transcend athletics and also impact the local community.