October 29th, 2025
The move to expand comes after a massive fundraising (Series C) round of $400 million that valued the crypto exchange at a whopping number of $32 billion.
Applications for the funding round are open to nonprofits and for-profits organizations with interest to launch one of the proposed projects.
FTX Gaming would encourage the merger between the crypto, blockchain, and crypto industries to support growth across these sectors.
Bankman-Fried also addressed the need for better crypto education so that people can make informed choices.
Along with FTX, crypto firms like Coinbase and Crypto.com have aired their commercials on the newly formed category of Super Bowl advertisement.
The massive reward from the FTX.US will be distributed to four people, who will need to open their FTX.US accounts to avail their prizes.
A major implication of the growing popularity of digital currencies, according to the KPMG report, is that sovereign countries through their Central Banks are now beginning to harness ways to develop a digital currency to integrate into the economy.
Amid the crypto market slump that 2022, some startups and ventures in the space are still commanding large amounts in funding.
The news of the purchase of Liquid Group by FTX came about 24 hours after the crypto exchange generated $400 million in a Series C financing round.
FTX CEO Sam Bankman-Fried said that he shall be using these funds for expanding the global reach. In less than eight months, FTX has raised a staggering $1.8 billion with company valuations growing 2x.
In an attempt to further broaden its horizon, FTX US made a dive into the NFT space, the crypto niche that witnessed tremendous growth in 2021.
The fund will notably back new projects with a little as $100,000 to hundreds of millions of dollars.
Let’s have a look at the list of the NFT marketplaces that have all chances to become strong rivals for OpenSea this year.
FTX US earlier became the first-ever NFT marketplace to list Ethereum and Solana-based NFTs.
While the exact terms of the deal were not made public, the partnership will make FTX US the exclusive NFT partner of MSE.