He is the founder and CEO of FTX, a cryptocurrency exchange. He also manages assets through Alameda Research, a quantitative cryptocurrency trading firm he founded in October 2017. He is ranked 32nd on the 2021 Forbes 400 list with a net worth of US$22.5 billion .
Read moreHow much is FTX company worth?
Cryptocurrency exchange FTX hits $32 billion valuation despite bear market fears. Bahamas-based crypto exchange FTX says it has raised $400 million in a new round of funding. The deal values the company at an eye-watering $32 billion, up from $25 billion in October 2021.31 Oca 2022
Read moreHow is FTX making money?
FTX makes money through various trading fees, including maker fees, taker fees, NFT fees, and margin borrower interest . The company also charges interest on its institutional loan service and collects a fee from merchants that want to accept cryptocurrency as a form of payment.
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