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FTX to build acquisitions war chest as crypto exchange seeks fresh cash
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fnlondon.comFTX founder Sam Bankman-Fried said that he’s in talks to raise fresh cash, in part to make “efficient acquisitions” amid the crypto rout.
Bankman-Fried said at The Wall Street Journal’s Tech Live conference 25 October that he sees acquisitions as an opportunity to boost the number of retail users on the crypto exchange he founded, a consumer segment he said FTX has so far been slow to reach.
“We...
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