Crypto Exchange FTX in talks to raise up to $1B at $32B valuation

Crypto exchange giant FTX is in talks with investors for up to $1 billion in fresh funding.

The funding will value the exchange at about $32 billion. reported last week that FTX was seeking to raise money in parallel with evaluating acquisitions.

There have also been reports that FTX was also looking to have itself valued at the same $32 billion valuation it won this year in an earlier funding round.

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