Tech Company Financing Transactions
FTX Funding Round
40 North Management, Altimeter Capital and Bond Capital invested in a $900 million Series B capital raise for FTX. The round was announced by the company on 7/22/2021.
Transaction Overview
Company Name
Announced On
7/22/2021
Transaction Type
Venture Equity
Amount
$900,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to to further enhance its offerings and make strategic investments designed to grow the business, expand the network of partnerships it has for its FTX Pay, FTX Liquidity program & FTX NFT business lines as it looks to expand its presence and drive further growth.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Lower Factory Road, Box 990
Saint John's, 00000
Antigua
Saint John's, 00000
Antigua
Phone
Undisclosed
Website
Email Address
Overview
Currently, there are many problems plaguing the top future exchanges: Clawbacks, Broken Liquidation Systems, Poorly Designed Products and Margin Wallets. We are traders. We share your frustrations. In fact, we've written countless white papers and given hours of feedback to these exchanges, but to no avail.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sam Bankman-Fried
Chief Technical Officer
Gary Wang
VP - Administration
Jen Chan
VP - Engineering
Nishad Singh
VP - General Counsel
Daniel Friedberg
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