The Block: Binance invests ‘tens of millions’ in Alameda Research-backed crypto derivatives platform FTX

  • Friday, 20 December 2019 09:02
Cryptocurrency exchange Binance has doubled down its efforts to grow market share in the derivatives space. The exchange has acquired an equity stake in Alameda Research-backed crypto derivatives platform FTX. While the investment amount was not disclosed by Binance, Sam Bankman-Fried, founder and CEO of FTX, told The Block that it is in the “tens […] The post Binance invests ‘tens of millions’ in Alameda Research-backed crypto derivatives platform FTX appeared first on The Block.

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