By CryptoNews - 1 year ago - Reading Time: 1 minutes
'Crypto Savior' FTX Is Reportedly Raising Fresh Capital at Latest Valuation of USD 32BN
Major crypto exchange FTX, which has positioned itself as the industry's savior, is reportedly looking to raise fresh capital at its January USD 32bn valuation.CEO Sam Bankman-Fried is in talks to raise fresh funding after the exchange carried out a buying spree during the latest crypto market downturn, Bloomberg reported, citing undisclosed people familiar with the matter.
The report claimed that both FTX and FTX.US, the American arm of the crypto exchange, are fundraising....
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Original source: CryptoNews