FTX founder Sam: M&A is the main purpose of this round of financing

TokenInsight news, FTX recently completed a new round of financing of US$900 million. Yahoo Finance and Bloomberg interviewed their founder and CEO Sam after FTX financing. In an interview with Yahoo Finance, Sam said that mergers and acquisitions were the main purpose of this financing. "Acquisitions and mergers and acquisitions are the main purpose of our financing. There are many companies on the market that we think we can help them do something, and the cost of acquiring these companies will be relatively high."