SoftBank, Circle and Coinbase Ventures were among more than 60 investors which funded the crypto exchange operator at an $18bn valuation.

Antigua and Barbuda-registered cryptocurrency exchange operator FTX Trading completed a $900m series B round yesterday featuring internet and telecommunications group SoftBank, digital currency exchange Coinbase and blockchain payment technology provider Circle.

The funding was raised at an $18bn valuation from a consortium of more than 60 investors including quantitative trading firm Hudson River, Paradigm, Sequoia Capital, Thoma Bravo, Ribbit Capital, Insight Partners, Bond, New Enterprise Associates, Third Point and Lightspeed Venture Partners.

Willoughby Capital, 40North, Senator Investment Group, Sino Global…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.