EXCHANGE
An exchange is usually a place where users can gain access to markets for the purpose of buying or selling financial instruments. The purpose of exchanges are to ensure that trades take place in an orderly and efficient manner and to provide price information regarding available financial instruments.
Tennis Star Naomi Osaka Becomes FTX's Global Ambassador
Four-time tennis grand slam singles champion Naomi Osaka becomes FTX's global ambassador, becoming one of the first major female professional athletes to partner with FTX.
FTX Ventures Forms Strategic Partnership with Banking app Dave, Invests $100m
West Realm Shires Services, Inc., the U.S.-based owner and operator of the FTX crypto exchange, has invested $100 million in a strategic partnership with banking app Dave.
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.
Crypto Exchange Anchex Raises $1M to Expand Customer Base
U.S.-based cryptocurrency exchange Anchex has raised its largest-ever investment of up to $1 million to expand the customer market.
Binance Gets the Green Light to Operate in Bahrain
Binance makes a new milestone after being granted a crypto-asset service provider license approved by the Central Bank of Bahrain (CBB).
FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.
FTX Crypto Exchange Announces Major Expansion into European Market
The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.
South African Exchange VALR Raises $50M Series B, Embrace the Largest Funding Round in Africa
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital.
Crypto.com and Mobilum Technologies Form a Strategic Partnership, Provide Crypto Liquidity Services
Mobilum Technologies Inc has signed a strategic service agreement with Crypto.com, by providing token liquidity services to crypto.com customers with better services.
Brazilian Crypto Exchange Foxbit Raises $21M in Series A funding, Led by OK Group
Brazilan Cryptocurrency exchange Foxbit announced that it has raised $21 million in a Series A round led by OK Group, owner of cryptocurrency exchange Okcoin.
London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools.
Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global
Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.
Top Latin American Crypto Exchange Bitso Enters Colombia
Bitso, one of Latin America's largest cryptocurrency exchanges, said it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager.
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing it at around $200 million.
Binance Creates $1B Insurance Fund for Users Against Hacks
According to Bloomberg, the world's largest cryptocurrency exchange Binance has set up a $1 billion insurance fund for customers to double-protect the platform from hacking attacks.