
Hong Kong's FTX raises $420m, hits $25b valuation

Hong Kong cryptocurrency exchange operator FTX has raised $420 million at a valuation of $25 billion from a group of 69 investors.
The investors include Sequoia Capital, Lightspeed Venture Partners, Tiger Global Management, Ribbit Capital, Sea Capital, Institutional Venture Partners (IVP), Iconiq Growth, BlackRock, Temasek Holdings,...
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