FTX Exchange Receives Liquid Value Capital Round B Investment, Valuation $ 1 Billion

According to Crypto Briefing, Liquid Value Capital, a blockchain technology investment fund under Sino Global Capital, announced that it has made a round B investment in the Hong Kong cryptocurrency derivatives exchange FTX. The specific amount was not disclosed. According to previous news, the crypto derivative exchange FTX announced the launch of equity tokens that can be purchased through Bitcoin and other payment methods. The price of the equity token is $ 2, and the minimum purchase size is $ 250,000. Top $ 50 million, with a total valuation of $ 1 billion. The token sale is expected to end between March 1st and 7th, depending on supply and demand. FTX CEO Sam Bankman-Fried said that compared to the standard minimum purchase size of $ 2.5 million, FTX's minimum purchase amount of equity tokens is $ 250,000, which will allow retail investors the opportunity to obtain shares in the company.