Sequoia Capital, one of the oldest American venture capital firms, is reportedly raising $500 to $600 million for its new cryptocurrency-focused investment vehicle. According to the company, the fund will be investing in liquid digital assets, meaning those that are about to be or are already traded.
The Coinbase cryptocurrency exchange certainly took a big gamble with its first Super Bowl commercial. While most companies advertising during the most expensive ad slot of the year hire celebrities and sink millions of dollars into high-level production, Coinbase opted for a radically different approach.
FTX, one of the leading international cryptocurrency exchange platforms, is buying a licensed Japanese crypto trading platform, Liquid. Per Wednesday’s announcement, the acquisition deal will be finalized in March 2022.
The FTX cryptocurrency exchange has announced the close of its latest funding round, during which the rapidly growing digital asset trading platform raised $400 million from a series of high-profile investors.
FTX US, the US-based arm of the international FTX cryptocurrency exchange has announced the closing of its first funding round. The recently concluded round saw FTX US raise $400 million, valuing the company at $8 billion.
FTX, a leading digital asset trading platform, has launched a new $2 billion investment fund with the intention of growing global blockchain adoption and supporting companies from a wide range of fields, including “gaming, fintech, software, and healthcare.”
FTX US, the United States arm of the FTX international cryptocurrency exchange is reportedly working on several features for its US customers. The exchange is developing a crypto derivatives offering, a new self-hosted non-fungible token (NFT) wallet with support for NFT NFTs and NFT gaming, and on providing access to stocks trading directly on the FTX US platform.
FTX US, the American arm of the international FTX crypto exchange, has agreed on a deal with Monumental Sports and Entertainment (MSE), the owner of several prominent sports franchises, including NBA’s Washington Wizards and NHL’s Washington Mystics.
Leading centralized digital assets exchanges, including Binance and FTX, have already started tapping into the growing non-fungible tokens (NFTs) sector with the launch of specialized NFT marketplaces earlier in the year. Kraken could soon be joining the list.