NEA – DIGIT INFO

FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation

DIGIT — Mon, 31 Jan 2022 21:30:04 +0000

Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings Firm’s Valuation to $32 […]

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FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion

DIGIT — Wed, 21 Jul 2021 08:30:44 +0000

FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise in Crypto Exchange History FTX […]

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How Bitcoin Mining Can Help Nuclear Reactors

DIGIT — Wed, 17 Oct 2018 00:20:36 +0000

Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation – it turns out the wasted capacity of […]

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