Crypto exchange FTX valued at $32 billion as SoftBank invests

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Reuters UK

By Tom Wilson LONDON (Reuters) – Major cryptocurrency exchange FTX raised $400 million from investors including SoftBank at a valuation of $32 billion, it said on Monday, making the platform one of the most valuable start-ups in the fast-growing digital currency sector. The funding round also included investments from Singapore’s Temasek Holdings and the Ontario Teachers’ Pension Plan Board among others, FTX said. Bahamas-based FTX is the owner and operator of, a crypto platform that caters to a wide customer base including retail and institutional investors outside the United States. …

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