# FTX App.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ftx-app-com

- Industry: Financial Services
- Headquarters: Marina del Rey, US
- Website: www.blockfolio.com
- Total disclosed funding: $17M
- Latest round: Series A (Aug 5, 2019)
- Investors on record: 18

## About

FTX App.com is a cryptocurrency exchange based in the US, providing a robust platform for trading digital currencies tailored for individual investors, institutional traders, and cryptocurrency enthusiasts.FTX App.com, also known as FTX, specializes in cryptocurrency trading and was founded in 2014 in Marina del Rey, US. The firm was established by Edward Moncada and Peter Lau. In August 2020, FTX Trading Ltd. acquired Blockfolio Inc. for USD 150 mn. The firm has raised a total of USD 2.6 mn in funding with the latest round being an Add-on Trade Sale led by FTX Trading Ltd. The company has completed 7 deals to date, with the most recent deal occurring on 2020-08-25.FTX offers a comprehensive cryptocurrency exchange platform that includes spot trading, futures trading, leveraged tokens, and options trading. Its services cater to a diverse range of users, providing access to multiple cryptocurrency trading pairs and advanced tools such as real-time market data and charting capabilities. FTX focuses on delivering a user-friendly experience with high liquidity, targeting active traders across North America, Europe, and Asia.FTX generates its revenue through transaction fees charged on trading activities executed on its platform. Users incur fees based on their trade volume, with tiered pricing models that reward higher trading activity with lower fees. Additional revenue streams include partnerships with financial institutions and services like staking and lending, while its extensive derivatives trading options further enhance its revenue generation.Following the acquisition of Blockfolio Inc. in August 2020 for USD 150 mn, FTX plans to leverage this to enhance its offerings and expand its market presence. The company is focusing on developing new products and entering additional markets, although specific new product details and release dates are not disclosed. Recent funding is expected to support these initiatives, with a strategic aim to solidify its footprint in the cryptocurrency market.

## Funding rounds

- Series A, Aug 5, 2019, $2.6M — Pathfinder Venture Capital, Pantera Capital, imToken, NKB Ventures, HashKey Capital
- Series A, Oct 10, 2018, $12M — Mayfield Fund, DCM, Pathfinder Venture Capital, DHVC, Pantera Capital, Refactor Capital, Abstract Ventures, Huobi.com, Nirvana Capital, GBIC, Chapter One, BitMEX, NKB Ventures, Block72
- Seed, May 10, 2018, $3M — DCM, Playground Ventures, Liquid 2 Ventures

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Seed, Series A
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A
- Pathfinder Venture Capital (https://capitalatlas.ai/funds/pathfinder-venture-capital) — Series A
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series A
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series A
- Refactor Capital (https://capitalatlas.ai/funds/refactor-capital) — Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A
- Huobi.com — Series A
- Nirvana Capital — Series A
- GBIC — Series A
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Series A
- BitMEX — Series A
- NKB Ventures (https://capitalatlas.ai/funds/nkb-ventures) — Series A
- Block72 — Series A
- imToken — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A