FTX seeks $1 billion in funding to raise valuation to $32 billion, reports

Crypto exchange FTX may be in talks with several investors, aiming to raise $1 billion, raising the company’s valuation to nearly $32 billion. According to a CNBC report, this $1 billion increase will be the second in 2022. Some of the capital raised will be used to fuel other deals, such as buying other crypto … Read more