FTX and its American entity FTX US are both fundraising, according to people familiar with the matter. FTX is targeting a round at essentially the same valuation as its January fundraising - where the company raised $400m at a $32b valuation, while FTX US raised a separate $400m at an $8b valuation.
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Bankman-Fried's crypto exchange FTX is in talks to raise funds after buying spree
He propped up crypto lending platform BlockFi, and tried to save Voyager Digital with a large loan. He has said he backstopped a couple of companies where his involvement hasn’t been made public.
