FundedIQ
Financial Services

FTX

FTX is a cryptocurrency derivatives exchange built by traders, for traders. 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. FTX was co-founded by Sam Bankman-Fried and Gary Wang, in 2018. Their mission is to build the best derivatives exchange and to help move this space toward becoming institutional. FTX Exchange is a cryptocurrency exchange company that develops a platform for professional trading firms.

ftx.com Nassau, Bahamas 101-250 employees
Total raised
$1.3B
Latest round: +47% of prior total
Rounds
2
Latest
Series B
Oct 2021

FTX is a cryptocurrency derivatives exchange built by traders, for traders. 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. FTX was co-founded by Sam Bankman-Fried and Gary Wang, in 2018. Their mission is to build the best derivatives exchange and to help move this space toward becoming institutional. FTX Exchange is a cryptocurrency exchange company that develops a platform for professional trading firms.

FTX has raised $1.3B across 2 rounds. Its most recent round was a Series B of $421M in Oct 2021. Full funding history, investors, and team are detailed below.

Funding history

2 rounds · 1 visible Unlock with plan

2 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Oct 21, 2021
Series B
$421M

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People

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