CoinShares launches ETP to track FTX Token
CoinShares, a digital asset manager, has announced the launch of a new exchange-traded product (ETP) that will track the FTX token and will debut on Germany’s exchange Xetra, with a seed capital of approximately $40 million. The ETP is the second to be launched as a result of a collaboration between CoinShares and FTX. Earlier […]
10 Best Beginner Friendly Crypto Exchanges
As a crypto beginner, it’s important to know which exchange platform is the best to use. For new cryptocurrency investors, It’s critical to consider factors like supported assets, fees, payment methods, and security when selecting crypto exchanges. We considered these factors when compiling this list of the 10 best beginner friendly crypto exchanges to assist […]
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, […]