More Losses For Tiger Global From Its FTX Investment

대한민국 뉴스 뉴스

More Losses For Tiger Global From Its FTX Investment
대한민국 최근 뉴스,대한민국 헤드 라인

Tiger Global Management appears to have just taken another hit. The hedge fund headed by billionaire Chase Coleman has been among the most prominent investors in Sam Bankman-Fried’s FTX crypto exchange.

  • 📰 Forbes
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Chase Coleman's Tiger Global Management invested in the FTX crypto exchange at a $32 billion valuation.The hedge fund headed by billionaireOn Tuesday, Binance CEO Changpeng Zhaothat his firm was buying FTX’s non-U.S. businesses to rescue it from what he said was a “significant liquidity crunch.” According to Zhao, commonly known as CZ, the two firms signed a non-binding letter of intent, subject to Binance conducting due diligence over the coming days.

Tiger was part of a group of investors in FTX’s January Series C round that valued the company at $32 billion. It previously also participated in a Series B round that valued FTX at $25 billion. During that raise, FTX took a page out of Elon Musk’s playbook by raising exactly $420.69 million.On Monday, the Financial Times reported that Tiger’s flagship hedge fund was downAnother Tiger fund, which includes public equities and private equity investments, was said to be down 44%.

Other prominent investors in FTX’s latest rounds include SoftBank, Sequoia Capital, Ribbit Capital, BlackRock, Temasek Holdings, and the Ontario Teachers’ Pension Plan Board.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

Forbes /  🏆 394. in KR
 

Is she grabbing his “unit” ?

I'm very jealous Chase has made about 6 billion in management fees since 2020

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

FTX Token (FTT) in Desperate Position: Crypto Market Review, November 7FTX Token (FTT) in Desperate Position: Crypto Market Review, November 7$FTT does not feel so good after 16% plunge, and Alameda still was not able to drag it upward
더 많은 것을 읽으십시오 »

FTX Token Plummets as Market Fears Possible Alameda ContagionFTX Token Plummets as Market Fears Possible Alameda ContagionBREAKING: FTT dropped over 12% in an hour as crypto investors continued to worry about a possible Alameda contagion. thesamreynolds reports thesamreynolds thesamreynolds Good I sold all my bags and I am in a 50 X short let that pop go to zero thesamreynolds Deploying more capital - steady lads 😂
더 많은 것을 읽으십시오 »



Render Time: 2025-01-14 00:03:39