FTX is a cryptocurrency exchange built by traders, for traders.

FTX offers innovative products, including industry-leading derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens and an OTC desk.

FTX was founded in 2018 by Sam Bankman-Fried and Gary Wang. The company is headquartered in Antigua and Barbuda.

 

Product offerings include derivatives, options, tokenized stocks, prediction markets, leveraged tokens, and an OTC desk. FTX's US platform, FTX.US, is a United States licensed and regulated exchange.

 

FTX's platform serves the entire chain of cryptocurrency trading participants from retail and crypto-native investors, to sophisticated day traders, family offices, and experienced institutional traders.

 

FTX has grown into one of the world's leading crypto exchanges, with over 1 million users and averaging over $10B of daily trading volume.

 

FTX is backed by Paradigm, Sequoia Capital, Thoma Bravo, SoftBank, Ribbit, Insight Partners, Third Point, Lightspeed, Altimeter, BOND, NEA, Ontario Teachers’ Pension Plan Board, Temasek, and others. The company raised $400M in Series C round on Jan 31, 2022. This brings FTX's total funding to $1.74B to date. The latest round pushed the company's valuation to $32B post-money. FTX was previously valued at $25B from a funding raised in Oct 2021. 

 

 

  • Year founded: 2018
  • Funding Info: $1.74B over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $32B as of Jan 31, 2022
  • City/Town: Hong Kong
  • State: HK
  • Country: Hong Kong
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