Crypto exchange FTX US closes $400M funding round to reach $8B
![Crypto exchange FTX US closes $400M funding round to reach $8B valuation](https://i-invdn-com.investing.com/news/Cryptocurrencies_800x533_L_1556528002.jpg)
Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.
According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital.
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