Cryptocurrencies
Sam Bankman-Fried’s FTX Crypto Exchange Adds $7 Billion of Value in Three Months
- More than 60 firms, including Sequoia, Tiger Global, took part
- Crypto exchange eyes acquisitions, new operating licenses
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The fast-growing cryptocurrency startup FTX Trading Ltd. said it’s raised more than $420 million in its latest funding round, swelling the company’s valuation to $25 billion.