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FTX exchange breaks $32B valuation despite crypto winter fears -Breaking

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Despite rising fears about a cryptocurrency market collapse, big industry players like FTX are still gaining momentum with new funding of hundreds of millions.

FTX trading, owner and operator Sam Bankman-Fried’s crypto exchange FTXOfficially AnnoucedMonday, the company closed its $400 million Series C round of financing. This brings it to a valuation of $32 Billion.