{"id":54137,"date":"2021-12-06T11:46:38","date_gmt":"2021-12-06T09:46:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54137"},"modified":"2025-09-03T18:47:30","modified_gmt":"2025-09-03T15:47:30","slug":"ftx-plans-to-push-its-valuation-to-32-billion-according-to-reports","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ftx-plans-to-push-its-valuation-to-32-billion-according-to-reports\/","title":{"rendered":"FTX plans to push its valuation to $32 billion, according to reports"},"content":{"rendered":"<p>FTX CEO Sam Bankman-Fried plans to raise a total of $1.5 billion in investments for the global derivatives exchange and the U.S. platform FTX.US, according to <a href=\\\"https:\/\/www.theinformation.com\/articles\/crypto-exchange-ftx-u-s-affiliate-seek-to-raise-1-5-billion\\\">The Information<\/a>, citing its own sources.<\/p>\n<p>According to them, the potential funding round would push FTX&#8217;s valuation to $32 billion, and its U.S. subsidiary to $8 billion.<\/p>\n<p>In October the exchange <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-raises-420-million-at-a-25-billion-valuation\">closed<\/a> a Series B-1 financing round worth $420.69 million, after which its valuation reached $25 billion. The round drew 69 investors, including BlackRock, Tiger Global and Temasek.<\/p>\n<p>Temasek was also part of the industry-record July <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-raises-900-million-at-an-18-billion-valuation\">Series B financing round of $900 million<\/a> and increased its size to $1 billion.<\/p>\n<p>The publication noted that these investments did not involve the U.S. subsidiary.<\/p>\n<p>In the third quarter, FTX.US trading volumes <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-us-trading-volumes-surge-512-in-q3\">surged by 512%<\/a>. The platform accounted for a 4.5% share of the U.S. spot market.<\/p>\n<p>As reported in September, the parent company <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-moved-its-headquarters-from-hong-kong-to-the-bahamas\">relocated its headquarters<\/a> from Hong Kong to the Bahamas after its &#8216;daughter&#8217; FTX Digital Markets <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-launches-regulated-platform-in-the-bahamas\">obtained a license from the local regulator<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CEO FTX Sam Bankman-Fried plans to raise a total of $1.5 billion in investments for the global derivatives exchange and the U.S. platform FTX.US, according to The Information, citing its own sources.<\/p>\n","protected":false},"author":1,"featured_media":54138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1236,1133],"class_list":["post-54137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-ftx","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=54137"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54137\/revisions"}],"predecessor-version":[{"id":54139,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54137\/revisions\/54139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/54138"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=54137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=54137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=54137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}