Product Developer, FTX
Stocks
Cryptocurrency exchange platform
Job no longer available
Cryptocurrency exchange platform
501-1000 employees
Job no longer available
501-1000 employees
Company mission
FTX's mission is to grow the digital currency ecosystem, offer US traders a platform that inspires their loyalty, and become a market leading US cryptocurrency exchange over the next two years.
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Company mission
FTX's mission is to grow the digital currency ecosystem, offer US traders a platform that inspires their loyalty, and become a market leading US cryptocurrency exchange over the next two years.
Our take
The financial innovations found within cryptocurrencies present significant opportunities for investing and trading to become safer, decentralized, and more lucrative. However, long waiting lists, a lack of regulation, and a focus on "altcoins" prevent lots of cryptocurrency trading platforms from being an option to many, showing demand for a more accessible, varied, and regulated alternative.
FTX provides a cryptocurrency exchange platform for businesses and individual traders, allowing users to trade stablecoins such as Bitcoin, Ethereum, and Solana and altcoins such as Dogecoin with low trading fees. The company also provides a marketplace for the buying, selling, and creation of NFTs, in addition to a variety of crypto payment tools such as payment cards, derivatives trading, and a white-label crypto platform for businesses.
Whilst it's undeniable that the oversaturation of crypto trading platforms presents significant challenges for the company, FTX stands out with its US-regulated all-in-one approach to crypto.. Through this unified approach, the company aims to help businesses and individual traders benefit from the lucrative nature of blockchain technology, without charging large fees or long waiting times.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 4 rounds)
Jan 2022
$400m
SERIES C
Oct 2021
$420.7m
SERIES B
Total funding: $1.7bn
This company has top investors
Leadership
Sam Bankman-Fried
(CEO)Experience as Trader for Jane Street. Was CEO of Alameda Research from 2017 to 2019.