FTX US

Closed

The safest and easiest way for US customers to buy and sell crypto

Chicago · Founded 2020 · $400.0M raised

Headquarters
Chicago
Employees
1–10
Founded
2020
Business Model
B2C
Website
ftx.us
Total Funding
$400.0M
Last Round
$400.0M Series AJan 2022
Rounds
1

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.

Summary

FTX US is a Crypto & Web3 company based in Chicago, founded in 2020. It has raised $400.0M in total across 1 round, most recently a $400.0M Series A round in Jan 2022.

Tech & App Stack

1 technologies & apps tracked

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Funding History

Series ASeries AJan 2022
$400.0M

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