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FTX - Extended Series B
Overview
Funding Date
October 21, 2021
Financing amount
$420M
Valuation
$25B
Catagory
About FTX - Extended Series B
FTX has raised $420 million in new Series B-1 fundraise involving 69 investors, including Ontario Teachers' Pension Plan Board and Singapore's state investment firm Temasek. Other investors included major venture capital firms such as Sequoia Capital, Tiger Global, Sea Capital, Ribbit Capital, Lightspeed Venture Partners, and funds and accounts managed by BlackRock.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 1974 | 14 | -- | ||
| Fund | Canada | 1917 | 3 | -- | ||
| Fund | United States of America | 1972 | 68 | wmc@sequoiacap.com | ||
| Fund | United States of America | 2001 | 54 | -- | ||
| Fund | Singapore | -- | 3 | -- | ||
| Fund | United States of America | 2012 | 30 | info@ribbitcap.com | ||
| Fund | United States of America | 2000 | 54 | info@lsvp.com | ||
| Fund | Hong Kong | 2004 | 8 | info@bluepoolcapital.com |
Founders & Team
Gary Wang
Sam Bankman-Fried
Company Profile / Project Introduction
Founded in 2019, FTX is a cryptocurrency exchange built by traders, for traders. It offers innovative products, including derivatives, options, volatility products and leveraged tokens. FTX is committed to developing a platform that is robust enough for specialist trading firms and intuitive enough for first-time users.