FTX

investment firm

About

FTX Exchange is a cryptocurrency exchange company that develops a mobile trading platform.

Details

Last Funding Type
Series B
Last Funding Money Raised
$1B
Industries
Cryptocurrency,Financial Exchanges,Financial Services,FinTech,Trading Platform
Founded date
Jan 1, 2019
Operating Status
Active
Also Known As
West Realm Shire Services Inc.
Sub-Organizations
FTX Ventures FTX US

FTX Exchange is a cryptocurrency exchange company that develops a platform for professional trading firms. They strive to build a platform powerful enough for professional trading firms and intuitive enough for first-time users. FTX supports quarterly and perpetual futures for all major cryptocurrencies, leveraged tokens, and OTC.

FTX was incubated by Alameda Research, a top cryptocurrency liquidity provider. Because of this FTX has had industry-leading order books from day one.

It was co-founded by Sam Bankman-Fried and Gary Wang, in 2018 with a mission to build the best derivatives exchange and to help move this space toward becoming institutional.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$1.82B
FTX has raised a total of $1.82B in funding over 2 rounds. Their latest funding was raised on Mar 21, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 21, 2022 Series Unknown 1 Naomi Osaka Detail
Jan 31, 2022 Series C $400M 11 SoftBank Vision Fund
Temasek Holdings
Detail
Oct 21, 2021 Series B $420.69M 10 Ontario Teachers' Pension Plan
Sequoia Capital
Detail
Jul 20, 2021 Series B $1B 24 Sequoia Capital Detail
Dec 20, 2019 Corporate Round 1 Binance Detail

Funds Raised

Announced Date Fund Name Money Raised
Jan 14, 2022 Venture capital fund $2B

Investments

Number of Investments
Number of Lead Investments
16
3
FTX has made 16 investments. Their most recent investment was on Aug 29, 2022, when Limit Break raised $200M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 29, 2022 Limit Break
Series Unknown $200M Blockchain
Jul 18, 2022 Meow
Series A $22M Blockchain
Jul 17, 2022 Empiric Network
Seed $7M Blockchain
Mar 9, 2022 Swim
Seed $4M Blockchain
Jan 12, 2022 Web3Auth
Series A $13M Apps

Investors

Number of Lead Investors
Number of Investors
7
39
FTX is funded by 39 investors. Naomi Osaka and SoftBank Vision Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Naomi Osaka Yes Series Unknown
SoftBank Vision Fund Yes Series C
Temasek Holdings Yes Series C
Sequoia Capital Yes Series B
Binance Yes Corporate Round
Bond Series C
Insight Partners Series C
IVP Series C
Lightspeed Venture Partners Series C
New Enterprise Associates Series C

Employee Profiles

Number of Employee Profiles
8
FTX has 8 current employee profiles, including Executive Gary Wang
Executive
Executive
Executive
Employee
Executive

Exits

FTX has had 1 exits. FTX most notable exits include Liquid Global

Date Company Name Exit Type Industry
Feb 2, 2022 Liquid Global M&A Bitcoin Detail

Acquisition

FTX has acquired 7 organizations. Their most recent acquisition was Blockfolio on Aug 25, 2020. They acquired Blockfolio for $150M.

Date Company Name
Industry Acquisition Type Price
Aug 25, 2020 Blockfolio
Bitcoin acquisition $ 150M Detail
Aug 31, 2021 LedgerX
Bitcoin acquisition Detail
Feb 2, 2022 Liquid Global
Bitcoin acquisition Detail
Mar 22, 2022 Storybook Brawl
Gaming acquisition Detail
Mar 23, 2022 Digital Assets
Cryptocurrency acquisition $ 320M Detail