ByteFTX 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…
Dan Kahan •