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Sam Bankman-Fried, CEO of FTX. Source: A video screenshot, Youtube/FTX Official
As expected, two-year-old major crypto derivatives exchange FTX was valued almost 20 times more in a recent investment round, one of the largest raises in the crypto industry.
The operator of the exchange, FTX Trading Ltd., said it closed USD 900m Series B fundraise, with over 60 investors valuing the company at USD

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