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Wednesday

28 July 2021

FTX smashes crypto funding record with $900m raise to become exchange decacorn

FTX smashes crypto funding record with $900m raise to become exchange decacorn


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Just one year ago, the derivatives exchange had a valuation of $1.2 billion.

Over the past year, several crypto exchanges have grown to become unicorns – a term used by venture capitalists to describe startups with a valuation of $1 billion or more.

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