Fenwick Represents FTX in $400 Million Series C Financing

By: Andrew T. Albertson, Christopher Crawford, Hector Velez, Alexej Ladonnikov, Jonathan Hernandez

Fenwick represented FTX, owner and operator of FTX.COM, in its $400 Million Series C financing. The round saw participation from Temasek, Paradigm, Ontario Teachers' Pension Plan Board, NEA, IVP, SoftBank Vision Fund 2, Lightspeed Venture Partners, Steadview Capital, Tiger Global and Insight Partners, among others.

FTX will use the funds to continue its mission of delivering innovative products and services to the marketplace, as well as expanding its global reach with additional licenses around the world. More information can be obtained from the company’s announcement.

The transaction was led by the Fenwick Blockchain Team.


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