Sam Bankman-Fried's exchange is bringing on the largest funding round in crypto history to fuel expansion.
The financial terms of the long-term partnership with Sam Bankman-Fried’s trading empire were not disclosed.
Sam Bankman-Fried’s FTX will allow users to trade tokenized stocks of companies such as Facebook, Google, Netflix, Nvidia, PayPal and Tesla.
“They are doing it out of the sense of survival,” said John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement.
Hopefully it will clean up the "stupid dialogue going on about ESG," he said. "Not in the sense that ESG was stupid, but that the dialogue was."
Decentraland co-founder Ari Meilich is teaming up with gaming industry heavyweights to launch Big Time Studios. Everyone from Ashton Kutcher to Sam Bankman-Fried is involved in the $10.3 million Series A round of funding.
FTX-backed serum surged to an all-time high price.
Solana's SOL tokens have jumped 17-fold in price this year, for a market capitalization over $8 billion.
Sam Bankman-Fried wants to do good by doing well.
A scuttled deal between Sam Bankman-Fried’s Alameda Research and DeFi upstart Reef Finance offers an inside look at the wild world of OTC trading.
The talks are another sign that crypto is breaking into the mainstream in 2021.
According to Hurun Report's 2020 ranking, there are 17 blockchain billionaires, 11 of whom were new additions in 2020.