# West Realm Shires Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/west-realm-shires-services

- Industry: Financial Services
- Headquarters: Berkeley, US
- Website: www.ftx.us
- Total disclosed funding: $400M
- Latest round: Series A (Jan 26, 2022)
- Investors on record: 10

## About

Founded in 2019, and based in California, US, West Realm Shires Services, Inc., doing business as FTX US, operates as a cryptocurrency exchange company. The company was founded by its CEO Sam Bankman-Fried and CTO Gary Wang. In January 2022, West Realm Shires Services, Inc. raised USD 400 million in series A funding co-led by new investors SB Investment Advisers and Temasek Holdings, with participation from Greenoaks Capital, and Lightspeed Venture Partners. As of 2022, the company is led by its President Brett Harrison.

West Realm runs a cryptocurrency exchange platform that lets users buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, Solana, Doge, and non-fungible tokens, as well as earn the company's native cryptocurrency for every transaction exceeding a value of USD 10. The company's mobile platform offers payment infrastructure and digital wallet services, and it comes in two formats: FTX.US Pro, which is a US-regulated cryptocurrency trading app, and FTX Crypto Exchange, which is a cryptocurrency investing app.

The company plans to use the January funding to accelerate its growth, grow its user base, bolster its derivatives efforts, and launch new business lines.

## Funding rounds

- Series A, Jan 26, 2022, $400M — Lightspeed Venture Partners, New Enterprise Associates, Temasek Holdings, Ontario Teachers' Pension Plan, Greenoaks Capital, Steadview Capital Management, SB Investment Advisers, Multicoin Capital, Tribe Capital, Paradigm

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- Temasek Holdings — Series A
- Ontario Teachers' Pension Plan — Series A
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series A
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series A
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series A