FTX
FTT
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Series C | $400M | $32B | Jan 31, 2022 | |
| Series B1 | $420M | $25B | Oct 21, 2021 | |
| Series B | $900M | $18B | Jul 20, 2021 | |
| Strategic | $Tens of Millions | -- | Dec 01, 2019 | |
| Seed | $8M | -- | Aug 01, 2019 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 1inch | Series B | Russia United States | DEX DeFi DEX Aggregator | Aurora Ethereum Optimism Polygon BNB Chain Celo Avalanche ZkSync Base trọng tài Klaytn Fantom Harmony | Jan 01, 2019 | With Token |
 Mythical Games | Strategic | Studio Gaming | Jan 01, 2018 | With Token | ||
 Solidus Labs | Series B | United States | Security Solutions | No Token | ||
 Circle | United States | Stablecoin Issuers CeFi | Solana Ethereum Polygon Tron Hedera Algorand Avalanche Stellar | Jan 01, 2013 | With Token | |
 Genesis Digital Assets | Strategic | United States | Mining industry Miner | Jan 01, 2013 | No Token | |
 Momento NFT | Seed | Social NFT | Jan 01, 2021 | No Token | ||
 Snickerdoodle | Seed | United States | Data Market | Jan 01, 2021 | No Token |
FTX Token (FTT) was the native utility token of the FTX cryptocurrency exchange, designed to enhance user engagement and provide various benefits within the platform's ecosystem. As a core part of FTX, FTT offered holders advantages such as reduced trading fees, access to exclusive trading products, and the ability to use the token as collateral for leveraged trading. Additionally, the token featured a burn mechanism, where a portion of fees collected by the exchange was used to buy back and burn FTT, reducing its circulating supply over time and increasing scarcity.
FTT was also integral to FTX’s staking system, enabling users to earn rewards and gain additional perks like higher referral rebates and priority access to services. However, the collapse of FTX in late 2022 due to financial mismanagement and insolvency led to a significant decline in the token’s value and utility. With the exchange’s operations halted and its future uncertain, the role of FTT in the broader cryptocurrency ecosystem remains in question.