According to Sam Bankman Fried, this may happen after the site becomes the largest cryptocurrency exchange.
The CEO of the cryptocurrency derivatives exchange, Sam Bankman Fried, in an interview with the Financial Times, allowed the purchase of Goldman Sachs, CME Group and other financial market giants.
According to Bankman Fried, this may happen after the site becomes the largest, bypassing its competitors the crypto exchanges Coinbase and Binance.
“If we become the largest exchange, the purchase of Goldman Sachs and the CME Group is absolutely not excluded,” – said the head of FTX.
In May, FTX announced the attraction of additional financing in the amount of up to $ 1 billion. Thanks to these funds, the company plans to increase its valuation to $ 20 billion.
Last year, FTX received $ 85 million in fee and commission income, in 2021 the exchange expects to increase this figure to $ 400 million.
The capitalization of the largest US crypto exchange Coinbase is now $ 50.7 billion. In April, the site conducted a direct listing of shares on NASDAQ. T
he world’s largest crypto marketplace, Binance, is not listed on the exchange. According to CoinMarketCap, Binance’s daily trading volume at 4:20 pm Moscow time is $ 62 billion.
At the end of June, FTX began trading tokenized shares of 60 of the largest companies, including Tesla, Google, Facebook, Netflix and others. Securities are traded 24/7, transactions are settled instantly.
While we introduced tokenized stocks Q4 of last year to some of the world's biggest crypto trading venues, it was also Ltd by only allowing users to open or close pos.
Until today, most tokenized stocks were non transferable and could not be wd from exchanges. That’s changed.— Digital Assets AG (@AssetsAG) June 24, 2021
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