Crypto firm FTX Trading's valuation rises to $18b after investment from SoftBank, others

Crypto firm FTX Trading's valuation rises to $18b after investment from SoftBank, others

Photo: Aleksi Räisä / Unsplash.com

FTX Trading Ltd said on Tuesday its valuation had risen to $18 billion after a $900 million funding round that included SoftBank Group Corp and was one of the biggest fundraises for a crypto company.