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29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round

1 day ago   |   By Business Insider

Sam Bankman-Fried, founder and CEO of crypto exchange FTX.
FTX Official/YouTube
Sam Bankman-Fried said FTX is targeting the US as its next growth area in an interview on Thursday.
His comment comes after FTX announced that it raised $900 million in series B financing.
The CEO also said FTX is looking to deploy its newly-raised funds mainly through acquiring firms.
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Sam Bankman-Fried, the 29-year-old billionaire CEO of FTX, on Thursday said his cryptocurrency derivatives exchange is targeting the US as its next growth...
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29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round

29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round

1 day ago   |   By Business Insider

Summary List Placement Sam Bankman-Fried, the 29-year-old billionaire CEO of FTX, on Thursday said his cryptocurrency derivatives exchange is targeting the US as its next growth area.
The Hong Kong-based firm currently does not allow US residents to trade on its platform. FTX US is a separate service and offers limited trading for US customers.
"When you look at FTX US, there's an enormous amount of potential growth," Bankman-Fried told CoinDesk TV Thursday. "A lot of that has to do with the fact that there just isn't near that much business going on there right now as you would expect...
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