FTX

FTX
A cryptocurrency exchange that collapsed due to fraud and filed for Chapter 11 bankruptcy.
About
What does FTX do?
FTX was a cryptocurrency exchange founded in 2019 by Sam Bankman-Fried and Gary Wang. It offered a wide range of derivatives and spot trading products. The company collapsed in November 2022 due to massive fraud, leading to Chapter 11 bankruptcy proceedings.
What is FTX's revenue?
StartupHub estimates FTX's annual revenue at $2.4B (range $1.4B to $3.7B, 42% confidence), based on comparable companies in the sector.
What is FTX's valuation?
StartupHub estimates FTX's effective valuation at $24.7B (range $17.3B to $32.1B, 41% confidence), based on comparable companies in the sector.
Where is FTX headquartered?
FTX is headquartered in Nassau, The Bahamas.
When was FTX founded?
FTX was founded in 2019.
What industry does FTX operate in?
FTX operates in Crypto Exchange, Fintech, Web3, DeFi, Blockchain.
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