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FTX Breaks Crypto Funding Round Record with $900M Series B

FTX Breaks Crypto Funding Round Record with $900M Series B

Bucking a bearish crypto market, FTX, the two-year-old cryptocurrency exchange, announced a $900M Series B funding round at a valuation of $18B, the company said in a statement released yesterday.  The deal is a clear sign that for all the angst in the markets, well-heeled investors are only too eager to play the long game…