
April 16th, 2025
As the regulatory landscape evolves, the FTX.US is trying to into offering crypto services for institutional players in the market.
FTX’s recent collaboration with Shark Tank investors Kevin O’Leary will help it to expand its brand presence among institutional investors.
As part of the deal, crypto exchange FTX gets lifetime naming rights to their Sponsor-a-Scholar accounts on Axie Infinity.
FTX crypto exchange will be sponsoring the league of legends esports series for the next seven years.
FTX will be partnering with Dolphin Entertainment to offer an NFT-based marketplace for major sports and entertainment brands.
Blockchain infrastructure company Paxos named high-end investors such as Bank of America, FTX, Coinbase Ventures, and Founders Fund as participants of its series D funding round worth $300M.
By uniting the brand identity, FTX is looking to rival Coinbase and other major trading platforms.
According to Bobby Lee, one of the leading crypto proponents of China, Beijing is no longer interested in encouraging crypto transactions in the country.
With regulatory action worldwide catching up the pace, FTX and other crypto exchanges are taking key measures on over leverage margin calls to avoid the wrath of the regulators.
Changpeng Zhao stated that the crypto platform was already limiting leverage for its new users to 20 times.
FTX now intends to become popular in the US by serving the masses in terms of expanded crypto transactions and revenue.
The crypto derivatives platform FTX has registered 15x growth over the last year with a 10x revenue surge since the beginning of 2021, and a massive 75x revenue surge since its Series A funding in mid-2020.
Binance users who already hold stock tokens will have 90 days to sell them off.
According to the 29-year-old Billionaire, if FTX achieves complete market dominance in future, it can take over giants like Goldman Sachs and CME.
Although the CEO warned that anything could happen, he believes that the total 40,000 GBTC to be unlocked soon would not really affect Bitcoin.