Sam Bankman-Fried and the rest of the team at cryptocurrency exchange FTX have proven that they are a force to be reckoned with in the crypto industry and beyond. In the past year alone, they have made incredible strides and massive investments through the exchange, as well as expanding their reach into derivatives markets, security token offerings, and more.
Now, as the market continues to matriculate and regulations start to come into play, the FTX team is looking towards the future. For Bankman-Fried, this means continued investments in the blockchain space, as well as focusing on how to continue building the FTX exchange into something even more powerful. Investors behind the FTX project can expect to see continued M&A activity and collaborations with trade firms, as well as forays into new financial services.
The team is clearly confident in their ability to successfully expand FTX’s portfolio and financial capabilities and their success so far bodes well for the future. With Bankman-Fried at the helm, FTX is bound to continue its onward and upward march in the coming year. Investing in FTX is no longer just an investment in one of the top ten exchanges in the world, but an opportunity to gain exposure to a wide range of new financial services.