32B

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for the global cryptocurrency derivatives exchange and U.S. affiliate, FTX.US, The Information reported Friday, citing two unnamed sources “with knowledge of the matter.”The funding round would potentially value FTX at $32 billion and FTX.US at $8 billion, the article said, citing one of the sources. FTX did … [Read more...] about FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report