.
MergerLinks Header Logo

Announced

Completed

SoftBank Vision Fund 2 and Temasek led a $400m Series C round in FTX US.

Financials

Edit Data
Transaction Value£296m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Venture Capital

Private

Friendly

Payments / Commerce

cryptocurrencies

Private Equity

Acquisition

Completed

Single Bidder

United States

Cross Border

Synopsis

Edit

SoftBank Vision Fund 2 and Temasek led a $400m Series C round in FTX US, a US-regulated cryptocurrency exchange, with participation from Paradigm, NEA, Multicoin Capital, Tribe Capital, Ontario Teachers' Pension Plan Board, Greenoaks Capital, Steadview Capital and Lightspeed Venture Partners. "FTX US scaled rapidly throughout the course of 2021, and our Series A valuation reflects both what we've concretely accomplished and what we've laid the groundwork for in 2022. We are thankful for all of our investors, many of whom have supported FTX from its founding, and look forward to working with them as we enter the next stage of our expansion," Brett Harrison, FTX US President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US