About FTX
FTX is a company based in Nassau (Bahamas) founded in 2019 by Gary Wang and Sam Bankman-Fried. FTX has raised $1.73 billion across 6 funding rounds from investors including Circle, Coinbase and SoftBank. The company has 41 employees as of December 31, 2021. FTX has completed 4 acquisitions, including Blockfolio, Liquid and Quoine. FTX operates in a competitive market with competitors including Gemini, Blockchain, Bitstamp, PDAX and Bit2Me, among others.
- Headquarter Nassau, Bahamas
- Employees 41 as on 31 Dec, 2021
- Founders Gary Wang, Sam Bankman-Fried
- Stage Decacorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name West Realm Shires Services, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.73 B (USD)
in 6 rounds
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Latest Funding Round
$400 M (USD), Series C
Jan 31, 2022
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Investors
Circle
& 37 more
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Employee Count
41
as on Dec 31, 2021
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Investments & Acquisitions
Blockfolio
& 3 more
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Funding Insights of FTX
FTX has successfully raised a total of $1.73B across 6 strategic funding rounds. The most recent funding activity was a Series C round of $400 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FTX
FTX has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Circle, Coinbase and SoftBank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward crypto-assets and Web3 businesses.
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Locked | Locked | Locked | |
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An investment platform is provided for diverse sectors and geographies.
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Locked | Locked | Locked | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Locked | Locked | Locked |
Investor details for FTX
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by FTX
FTX has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Blockfolio, Liquid and Quoine.
Investment portfolio details for FTX
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online battle war game is hosted and developed.
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Locked | Locked | 2020 | Locked | |
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Crypto portfolios are tracked and managed via a mobile app.
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Locked | Locked | 2014 | Locked | |
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Digital assets are exchanged through an online platform.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for FTX
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - FTX
Detailed financials for FTX
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Ftx Comparisons
Peer comparison for FTX
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of FTX
FTX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gemini, Blockchain, Bitstamp, PDAX and Bit2Me, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Platform offering crypto exchange solutions
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| Locked | Locked | Locked |
App-based platform for exchange and trading solutions for cryptocurrency
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| Locked | Locked | Locked |
Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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| Locked | Locked | Locked |
Online exchange platform for cryptocurrencies
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| Locked | Locked | Locked |
Online platform for crypto exchange
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Detailed competitors of FTX
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Ftx
Complete news archive for FTX
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- Brand-specific news history
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Frequently Asked Questions about FTX
FTX was founded in 2019.
FTX is headquartered in Nassau, Bahamas.
Sam Bankman-Fried is the current CEO of FTX. They have also founded this company.
FTX is a funded company, having raised a total of $1.73B across 6 funding rounds to date.
As of Dec 31, 2021, the latest employee count at FTX is 41.
FTX was founded in 2019 and is based in Nassau City, Bahamas. Operations focus on the cryptocurrency sector, where digital assets such as Bitcoin, Ethereum, Tether, and Altcoins are bought and sold via encrypted networks. Transfers of various crypto derivatives are enabled, alongside OTC trading options for institutional users. The platform supports secure exchanges across multiple assets.
FTX's top competitors include Blockchain, Gemini and PDAX.
FTX has made 4 acquisitions, including Blockfolio, Liquid, and Quoine.
FTX has 38 investors. Key investors include Circle, Coinbase, SoftBank, Lightspeed Venture Partners, and BlackRock.
The valuation of FTX is $32B as of Jan 2022.