What was the monetary value of Binance's investment in FTX?
Maheshi PurnimaMay 01, 2022 · 3 years ago3 answers
Can you provide details about the monetary value of Binance's investment in FTX? How much money did Binance invest in FTX?
3 answers
- May 01, 2022 · 3 years agoBinance's investment in FTX was valued at approximately $10 million. This investment was made to support the growth and development of FTX, a leading cryptocurrency exchange. By investing in FTX, Binance aims to strengthen its position in the cryptocurrency market and foster innovation within the industry.
- May 01, 2022 · 3 years agoBinance's investment in FTX was a significant move in the cryptocurrency industry. With an investment of around $10 million, Binance showed its confidence in FTX's potential and its commitment to supporting the growth of the exchange. This investment not only benefits FTX but also strengthens Binance's position as a key player in the market.
- May 01, 2022 · 3 years agoAs a third-party observer, I can confirm that Binance's investment in FTX was valued at approximately $10 million. This investment highlights the trust and confidence Binance has in FTX's team and their vision for the future of cryptocurrency trading. It's an exciting development for both Binance and FTX, and it will be interesting to see how this investment unfolds in the coming months.
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