FTX Announces Long-Term Partnership with Kevin O’Leary

0
24

FTX, one of the leading brands in the cryptocurrency market, recently announced a long-term partnership with Kevin O’Leary, a venture capitalist and Shark Tank investor.

According to an official announcement by FTX, O’Leary will be paid in cryptocurrency to serve as an ambassador and spokesperson for FTX. As part of the partnership, the Shark Tank investor will take an equity stake in both FTX Trading Ltd. & West Realm Shires Services.

The latest announcement from FTX came nearly two weeks after the cryptocurrency firm reported a significant jump in trading volumes during the first half of 2021. The company’s average daily volume touched the high of approximately $993 million during a 24-hour period on 22 April 2021.

FTX outlined that O’Leary will be responsible for elevating FTX and its associated brands to new international markets through a wide range of initiatives as part of the latest long-term relationship.

Suggested articles

TMGM Breaks Record With $195 Billion In July Trading VolumeGo to article >>

Commenting on the partnership, Sam Bankman-Fried, Founder and CEO of FTX, said: “It’s exciting to have a true icon in our corner, and we’re thrilled to have a partner like Kevin that shares our views on the importance of compliance. As we continue growing, we’ll need dedicated, knowledgeable and trustworthy partners like Mr Wonderful.”

In July 2021, FTX raised $900 million in a Series B funding round to expand its global presence. Additionally, the company received a valuation of $18 billion.

Kevin O’Leary

The Canadian businessman has a strong…

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here