KANDO id: 8425094

Financial Transaction:

N/A


SkyBridge Capital


Currency
United States Dollar
Value in original currency
45,000,000
Company valuation (pre money)
105,000,000
Value in USD
45,000,000
Company valuation in USD (pre money)
105,000,000

Note
Acquisition of a 30% stake. "Under the terms of the agreement, SkyBridge was obliged to spend $40mn buying cryptocurrencies." (FT)

Round participants

Country Notes

FTX Ventures Ltd

Multi-stage venture capital fund focused on supporting the world's best teams building in crypto and Web3.
British Virgin Islands Initial investment.