Sequoia Capital, FTX, A16z lead $135 Million Series A funding for LayerZero
LayerZero, an omnichain interoperability standard, has raised $135 million in a Series A funding round led by Sequoia Capital, FTX Ventures and Andreessen Horowitz (A16z). This brings the cross-chain protocol’s valuation to $1 billion. According to Forbes, Sequoia Capital, Andreessen Horowitz, and FTX Ventures led the investment round . Coinbase Ventures, PayPal Ventures, Tiger Global, […]
FTX partners with Mercedes AMG Petronas F1 Team in a long term deal
The Mercedes AMG Petronas F1 Team has signed an agreement with FTX, cryptocurrency exchange, the partnership will result in FTX branding on Mercedes F1 team cars. The Russian Grand Prix , which will take place on September 26, 2021, will be the first opportunity to see Team Mercedes’ new FTX branding in action. The agreement […]
FTX Crypto exchange relocates its headquarters to the Bahamas
One of the largest crypto-derivatives exchange, FTX has relocated its headquarters from Hong Kong to the Bahamas. The move was confirmed by an FTX spokeswoman via email on Monday, following news that FTX Trading Ltd.’s Bahamian subsidiary, (FTX Digital Markets) had been registered as a digital assets business by the Securities Commission of the Bahamas, […]
FTX expands operations with new registration approval in Bahamas
A “substantial presence” in The Bahamas is being planned by Sam Bankman-cryptocurrency Fried’s exchange, FTX. After receiving key regulatory approval in The Bahamas, FT X, one of the world’s largest cryptocurrency exchanges, has continued its expansion efforts. As of Sept. 20, FTX Digital Markets, the Bahamian subsidiary of the global FTX crypto exchange, has been […]
NBA Star Steph Curry becomes FTX exchange’s global ambassador
After recently seeking advice on how to navigate his crypto journey, Steph Curry, an NBA All-Star, has gone from being a crypto novice to a global ambassador for crypto exchange FTX in less than a month. The Golden State Warriors point guard has agreed to serve as a “global ambassador” for FTX Trading Limited, the […]