FTX US
The safest and easiest way for US customers to buy and sell crypto
- Employees
- 1–10
- Founded
- 2020
- Business Model
- B2C
- Website
- ftx.us
- Total Funding
- $400.0M
- Valuation
- $8.0BJan 2022
- Last Round
- $400.0M Series AJan 2022
About
FTX US was the United States-based subsidiary of FTX Trading Ltd., launched in 2020 to serve American customers under US regulatory requirements. It operated as a CFTC-regulated derivatives exchange and offered spot trading of cryptocurrencies including Bitcoin, Ethereum, and other digital assets. In November 2022, parent company FTX filed for Chapter 11 bankruptcy following revelations that founder Sam Bankman-Fried had misappropriated customer funds via affiliated trading firm Alameda Research. Bankman-Fried was convicted of fraud in November 2023.
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