TechFlow News, according to CNBC, citing sources, FTX, the cryptocurrency exchange, is in talks with potential investors to raise up to $1 billion in new funding, maintaining its valuation at approximately $32 billion, consistent with its previous funding round. The sources noted that discussions are ongoing and terms could change. An FTX spokesperson declined to comment.
As previously reported, in January this year, FTX Trading Ltd. announced the completion of a $400 million Series C financing round, valuing the company at $32 billion, with participation from SoftBank, Paradigm, Tiger Global, and the Ontario Teachers' Pension Plan Board, among others.
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