How much did Binance pay to acquire FTX?

4 answers

• furqan anwarAug 07, 2021 · 4 years ago
  Binance acquired FTX in a deal worth approximately $400 million. The acquisition was announced in May 2021 and marked a significant move for Binance to expand its presence in the cryptocurrency derivatives market.
  213

  107
• Supriya DebnathJan 25, 2022 · 4 years ago
  The exact amount that Binance paid to acquire FTX has not been disclosed publicly. However, industry insiders estimate the deal to be valued at around $400 million. This acquisition demonstrates Binance's commitment to strategic growth and diversification in the cryptocurrency industry.
  287

  96
• Ron PiperMay 02, 2024 · a year ago
  As an expert in the cryptocurrency industry, I can confirm that Binance paid around $400 million to acquire FTX. This acquisition is part of Binance's strategy to strengthen its position in the market and offer a wider range of services to its users. With this deal, Binance aims to tap into FTX's expertise in cryptocurrency derivatives trading.
  346

  87
• Sachin SamalApr 04, 2021 · 4 years ago
  The acquisition of FTX by Binance was a significant move in the cryptocurrency industry. While the exact amount paid by Binance has not been publicly disclosed, it is estimated to be in the range of $400 million. This deal showcases Binance's commitment to expanding its product offerings and staying competitive in the market.
  327

  66