Tag Archives: FTX Exchange

Popular crypto exchange FTX has plans to launch a gaming unit to offer mainstream gaming publishers support for non-fungible token (NFT) integration and other blockchain-powered collectibles. FTX to Provide Web3 Operability for Game Studios Bloomberg reported that the company will launch its gaming outfit in the coming months. The so-called FTX Gaming unit is set to function as a “crypto-as-a-service” platform for mainstream game studios. Also, the service will offer support...

The Swiss-based issuer of crypto exchange-traded products (ETPs), 21Shares, announced the listing of three new digital asset-oriented ETPs on Euronext exchanges in Paris and Amsterdam – Decentraland, AAVE, and FTX Token. The exchange-traded products will enable market players to get exposure to the three assets without the need to own the underlying assets. According to the official press release, 21Shares Decentraland ETP, Aave, and 21Shares FTX Token ETP will be listed on...

The world’s largest issuer of crypto ETP’s 21Shares announced two new ETPs – tracking the performance of Decentraland and FTT. Both products will go live on the Swiss exchange – BX Swiss. The exchange-traded products (ETPs) will allow traders and institutions to get exposure to the two assets without owning them outright. 21Shares Decentraland ETP (Mana) and 21Shares FTX Token ETP (AFTT) will be listed on BX Swiss, a Swiss stock exchange. Decentraland (MANA) is a native token...

Sam Bankman-Fried’s cryptocurrency exchange, FTX, announced that it will give away free Bitcoin to its fans as part of an advertising campaign during Super Bowl LVI on February 13. The campaign is part of an effort by FTX to gain a more significant brand presence in the more mainstream audience of sports fans – especially considering that the Super Bowl is the most watched sports event in the United States. The Right Time Sam Bankman-Fried is an expert in aggressive and...

The multi-day music and arts festival held in California – Coachella – partnered with the crypto exchange FTX to introduce non-fungible token (NFT) collections to fans. The digital collectibles are built on the Solana network. NFTs for The Music Fans The Coachella Valley Music & Arts Festival, postponed in 2020 and 2021 due to the COVID-19 pandemic, is set to return this April. To provide fans with more opportunities on its comeback, it introduced a series of non-fungible...

Days after its US branch raised $400 million, so has done the global exchange FTX. Thus, its total valuation grew to $32 billion. CryptoPotato reported last week the funding round in which FTX US raised $400 million from different investors such as Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings. Less than a week later, CNBC reported that the new funding round for the global digital asset exchange FTX saw participation from some of the same investors. With this...

The US exchange aims to allocate funds from $100,000 to hundreds of millions of dollars in certain blockchain and crypto projects through the new initiative called FTX Ventures. The Wall Street Journal first reported the news earlier on January 14th, indicating that FTX Ventures will be one of the largest such funds in the cryptocurrency space. The coverage informed that the entire $2 billion funding came from the exchange’s founder and CEO – Sam Bankman-Fried. FTX Ventures...

Crypto exchanges are looking for ways to expand their domains, and it seems that the blockchain space is no longer enough. Now, the U.S. subsidiaries of FTX and Bitstamp could be about to start offering their customers support for equity trading. According to a report from Bloomberg, both exchanges are fine-tuning details to enter the world of traditional finance. If their plans come to fruition, both FTX and Bitstamp would offer services diverse enough for their customers to...

FTX US, the United States division of global cryptocurrency exchange, FTX.com, revealed today that its customers will soon be able to access crypto derivatives and non-fungible token (NFT) services on the platform. According to Brett Harrison, the president of FTX US, the exchange is building a self-hosted wallet that will support FTX NFTs and NFT gaming. The crypto exchange is also looking to offer tokenized stock trading to US customers. – derivatives for US customers–...

The CEO of FTX – Sam Bankman-Fried (SBF) – came out with a long Twitter thread to outline some of the hurdles in front of the cryptocurrency industry and how to potentially handle them in the following years. Before diving into some of the challenges, SBF outlined what the industry has already achieved. Namely, these include a solid userbase, smart contracts, numerous potential use cases, the beginning of scaling solutions, as well as “an enormous amount of attention.” Yet,...