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How much did Binance invest in FTX?

avatarFarrell MirandaDec 18, 2021 · 3 years ago3 answers

Can you provide more information about the investment made by Binance in FTX? How much money did Binance invest in FTX and what are the details of the investment?

How much did Binance invest in FTX?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Binance, one of the largest cryptocurrency exchanges in the world, made a significant investment in FTX. The exact amount of the investment has not been publicly disclosed. However, it is known that Binance participated in FTX's Series B funding round, which raised a total of $900 million. This funding round was led by SoftBank, with participation from other major investors. Binance's investment in FTX demonstrates their confidence in the future of the cryptocurrency industry and their support for innovative projects like FTX.
  • avatarDec 18, 2021 · 3 years ago
    Binance invested a substantial amount of money in FTX, but the exact figure has not been revealed. The investment was part of FTX's Series B funding round, which raised a total of $900 million. This funding round attracted participation from various investors, including Binance. The investment by Binance highlights their interest in supporting promising projects in the cryptocurrency space and their belief in the potential of FTX.
  • avatarDec 18, 2021 · 3 years ago
    Binance, a leading cryptocurrency exchange, was one of the investors in FTX's Series B funding round. While the exact amount of Binance's investment has not been disclosed, it is worth noting that FTX raised a total of $900 million in this funding round. This investment by Binance further solidifies their position as a key player in the cryptocurrency industry and their commitment to supporting innovative projects. It is exciting to see how this investment will contribute to the growth and development of FTX.