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Binance Invests Undisclosed Sum in Crypto Derivatives Platform FTX

Binance today announced the investment in the crypto derivatives exchange platform FTX. The objective of this investment is to further the growth and development of the crypto-currency ecosystem. FTX offers perpetual and quarterly futures for a wide range of crypto currencies. Today FTX reaches approximately $500 million in daily trading, making it the seventh largest Bitcoin futures exchange.

Source: Cryptopolitan:
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