FTX in talks to raise up to $1 billion at valuation of about $32 billion, in-line with prior round

FTX in talks to raise up to  billion at valuation of about  billion, in-line with prior round


Crucial Points
  • FTX is talking with possible buyers about a funding round that would preserve the company’s valuation in-line with a prior financing earlier this year.
  • The privately held company has been on a buying frenzy all through the “crypto winter.”
  • Existing investors include things like Singapore’s Temasek, SoftBank’s Vision Fund 2 and Tiger World.



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Key Points Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl. The prediction market is adding advisory committees and resources for consumers on insider trading and market manipulation. Kalshi said its trading volume for Super Bowl predictions has already passed $160 million. Source

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