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
Investor | Country | Notes | |
---|---|---|---|
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FTX Ventures LtdMulti-stage venture capital fund focused on supporting the world's best teams building in crypto and Web3. |
British Virgin Islands | Initial investment. |