Crypto exchange FTX is in talks to raise more funding
FTX, the crypto exchange giant founded by Sam Bankman-Fried, is in talks to raise fresh funding, Bloomberg reported on Wednesday. The push for fresh funding comes as FTX has been striking deals to acquire rivals struggling with recent crypto market stress.
The firm is seeking a similar valuation to January, when it raised $400 million at a $32 billion valuation in a Series C round.