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2019-12-20 06:45:04

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

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, it is reportedly in the “tens of millions.” The news follows Binance’s recent acquisition of little-known derivatives platform […]The post Binance invests ‘tens of millions’ in Alameda Research-backed crypto derivatives platform FTX appeared first on The Block.