FTX and FTX US seek even more funding following acquisitions: Report

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FTX and FTX US seek even more funding following acquisitions: Report
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After scooping $400 million last January, FTX and FTX US are fundraising again as part of their plan to acquire other crypto companies.

for a $400-million revolving credit facility that left the door open for FTX US to buy the crypto lending firm.entered into an agreement

to purchase Canadian crypto platform Bitvo and was reportedly considering purchasing Robinhood. Bankman-Fried said during an NPR interview at the time that his firms had a responsibility to assess the situation and step in, if needed, as part of efforts to “stem contagion” and prevent a collapse.

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