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FTX, a cryptocurrency derivatives exchange founded by Sam Bankman-Fried, has closed a $900 million funding round, highlighting once again that venture capitalists are shrugging off market turmoil in their quest to uncover quality blockchain plays. With the raise, FTX’s valuation has grown to $18 billion, making it one of the largest cryptocurrency companies in the world. See more for yourself here (https://cointelegraph.com/news/ftx-smashes-crypto-funding-record-with-900m-raise-to-become-exchange-decacorn).
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