FTX Nabs $400 Million at $32 Billion Valuation

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FTX Nabs $400 Million at $32 Billion Valuation
France Dernières Nouvelles,France Actualités
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.ftx_app has raked in $400 million during its latest funding round

that he could see FTX going public in the future, but he also added that there was no pressing need for an IPO.

I’m not sure whether we will. I could see it happening, I could see it not happening. We don’t feel like we have any particular need to do it., which went public last April to great fanfare, currently has a market capitalization of $38.2 billion after its stock plunged over 60% from its peak. Speaking of the overall state of the cryptocurrency market, Bankman-Fried also doesn't believe that the market will have to endure a grueling crypto winter. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.

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