Announced
Completed
Financials
Sources
Tags
Minority
Venture Capital
Private
Friendly
Payments / Commerce
cryptocurrencies
Private Equity
Acquisition
Completed
Single Bidder
United States
Cross Border
Synopsis
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.
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