Crypto startup FTX Trading valued at $25bn after mega investment spherical | Private Equity Insights

Crypto company FTX Trading raised contemporary capital at a valuation of $25 billion from a seize of big-name undertaking capital traders, making it one of the vital richly-valued crypto startups on the planet.

The financing, led by way of traders together with Ontario Teachers’ Pension Plan Board, Temasek and Tiger Global, is a continuation of an previous Series B investment spherical from July, when the two-year-old startup raised $1 billion from SoftBank, Temasek and different traders at a valuation of $18 billion.

The newest $420-million investment spherical, which attracted 69 traders, comes at a time when cryptocurrencies are dealing with tighter regulatory scrutiny within the United States and around the globe.

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