Neobank Dave reaches an agreement to pay $71M to FTX liquidators to buy back a $100M convertible promissory note that the neobank issued to FTX Ventures in 2022
Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators.
A profile of former FTX engineering chief Nishad Singh; filings show Singh owned 7.8% of FTX US, 10% of FTX Ventures, and 44M shares in the main exchange
He is the latest member of FTX's inner circle to plead guilty to fraud — Nishad Singh followed Sam Bankman-Fried into the high-stakes world of cryptocurrency trading.
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each
I recall hearing or reading that the top dog of Aurora … Brad Dress / The Hill : FTX owes more than $3 billion to biggest creditors: court filing The Information : FTX Owes Top 50 Creditors More Than ...
Analysis: FTX Ventures, which launched a $2B fund in January 2022, participated in 47 venture rounds that raised ~$3B, with the firm leading or co-leading 19
Chris Metinko / Crunchbase News :
Analysis: FTX Ventures, which launched a $2B fund in January 2022, participated in 47 venture rounds that raised ~$3B, with the firm leading or co-leading 19
While everyone is still sifting through the immediate FTX wreckage, there is a good chance more decimated debris is on the way. Tweets: @crunchbasenews Tweets: @crunchbasenews : Now as FTX and more th...
Coral, which is building an “xNFT” wallet called Backpack for accessing DeFi apps and assets across blockchains, raised $20M led by FTX Ventures and Jump Crypto
- Coral, known for creating Solana developer framework Anchor, has raised a $20 million strategic funding round co-led by FTX Ventures and Jump Crypto.
FTX Ventures buys 30% of Anthony Scaramucci's SkyBridge Capital for an undisclosed amount; SkyBridge will use some of the funds to buy $40M in cryptocurrencies
Jamie Crawley / CoinDesk :
FTX Ventures buys 30% of Anthony Scaramucci's SkyBridge Capital for an undisclosed amount; SkyBridge will use some of the funds to buy $40M in cryptocurrencies
SkyBridge will invest some of the funds into crypto assets for its balance sheet. — FTX Ventures, the investment arm …
FTX CEO Sam Bankman-Fried denies that FTX Ventures is merging with Alameda Research's VC operations
*FTX*'s venture investing is concentrated under FTX Ventures; that's different from Alameda's ventures, which aren't... @sbf_ftx : this seems like a big misrepresentation to me! FTX has been doing mor...
Alameda Research CEO says FTX Ventures absorbed Alameda's VC operations; FTX's Amy Wu says the transition began in January 2022, when FTX Ventures raised $2B
Crypto exchange FTX absorbed the venture capital operations of Alameda Research, an effort to consolidate parts …