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Updated: 26-Jan-22 07:19 ET
BTC:  FTX US: Softbank Vision Fund 2 among investors in Coinbase (COIN) rival FTX US (West Realm Shires Services Inc.) 
  • West Realm Shires Services Inc. ("FTX US"), announced the closing of a $400 Million Series A round valuing the Company at $8 Billion. This funding round is the first for FTX US and saw participation from Paradigm, Temasek, NEA, Multicoin Capital, Tribe Capital, Ontario Teachers' Pension Plan Board, SoftBank Vision Fund 2, Greenoaks Capital, Steadview Capital, and Lightspeed Venture Partners, amongst others.
  • The funds will allow the Company to further grow its user base, bolster its derivatives efforts, and launch new business lines. FTX US also plans to leverage the Series A round to make strategic investments and acquisitions in key verticals and expand its network of partnerships.
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