crypto ftx american 8b paradigm theblock


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FTX has officially partnered with leading institutional liquidity network Paradigm to simplify and cheapen spread trading between spot, perpetual and futures instruments on $BTC, $ETH, $SOL, $AVAX, $APE, $DOGE, $LINK and $LTC!

In turn, FTX guarantees the execution of atomic contracts and the settlement of both sides through its platform.


FTX is a centralized cryptocurrency exchange that offers various applications and services such as derivatives, options, volatility products and leverage. tokeps. FTX raised $900 million in July 2021 with a valuation of $18 billion from more than 60 investors. It is the largest fundraising event ever recorded in crypto history.

At the moment FTX is in the top 3 centralized cryptocurrency exchanges ranked by CoinMarketCap.

About the Paradigm

Paradigm is a cryptocurrency-focused venture capital firm that invested in the market after the 2017 bitcoin bubble. Although Paradigm got off to a fairly late start compared to other venture capital firms, it is moving at a fast pace. The venture capital firm currently manages billions of dollars worth of cryptocurrency assets from various funded projects (the last fund was worth $2.5 billion).

Having started out as a venture capital investor, Paradigm can now work in the long term with high-profile projects from the initial round and many subsequent rounds if they can prove the competence of the team and the practicality of the project.