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FTX
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Summary
location iconNassau, Bahamas
website
company sizeCompany size: 11-50

FTX Trading Ltd. is a cryptocurrency exchange and crytpocurrency hedge fund founded in 2019 based in Nassau, Bahamas. In November 2022, FTX, FTX.US, and affiliate Alameda Research filed for chapter 11 bankruptcy protection.

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Fintech
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FTX - Recent News & Articles

FTX Sues Anthony Scaramucci to Recover Creditor Funds

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency company in its efforts to cl...

Source: PYMNTS

Bank of England governor warns against private stablecoin issuance

Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins. Stablecoins introduce systemic risks to banking institutions that could destab...

Source: Cointelegraph

Bilt hits $10.75bn valuation

Neighbourhood loyalty platform Bilt has raised $250 million in primary funding, sending its valuation soaring to $10.75 billion. The round was led by General Catalyst and GID with further investment f...

Source: Finextra

Bitcoin surpasses $120,000 to record highs ahead of U.S. lawmakers’ ‘Crypto Week’

Bitcoin extended gains Monday to hit a new milestone, breaking past $120,000, fueled by a rally in the cryptocurrency’s ETFs. The largest cryptocurrency by market capitalization traded at $121,921 at...

Source: CNBC

Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle

Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has not b...

Source: Coindesk

Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

Tom Lee has been appointed chairman of the board of directors of bitcoin miner BitMine Immersion Technologies, effective Monday. BitMine announced a $250 million private placement to implement a buyin...

Source: CNBC

Summer of Stablecoin

How transactions, business adoption, and legislative momentum have moved stablecoins into the mainstream

Source: BankerAdvisor

Coinbase is seeking regulatory approval to offer blockchain-based stock trading

Coinbase, the leading crypto exchange in the U.S., is reportedly seeking regulatory approval to offer “tokenized equities” on its platform, a move that would put the company in direct competition with...

Source: Fortune

Payrails Raises $32 Million to Streamline Enterprise Payments

Berlin-based payment software FinTech Payrails has raised $32 million in new funding. The company’s Series A round, announced Thursday (June 12), will help the company speed product innovation and exp...

Source: PYMTS

HODL and Borrow

How Crypto Loans Are Reshaping Banking Without Banks

Source: BankerAdvisor