TechFlow News – On January 26, FTX.US announced it has raised $400 million in a Series A funding round at an $8 billion valuation. The round was backed by Paradigm, Multicoin Capital, SoftBank Vision Fund 2, Lightspeed Venture Partners, Tribe Capital, NEA, Steadview Capital, and Temasek. The funds will be used to further expand operations and market presence, solidifying FTX.US's position as a leading U.S. exchange platform while strictly complying with existing regulatory requirements. (Source)
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