In a recent interview, the CEO of crypto exchange FTX stated that the acquisition of Goldman Sachs or the CME Group “was not out of the question” if FTX grew sufficiently. Sam Bankman-Fried, founder and CEO of one of America's biggest exchanges, FTX, said in an interview with the Financial Times that acquiring Goldman Sachs or CME Group “was not out of the question” if FTX grew sufficiently."If we are the biggest exchange, (buying Goldman or CME) is absolutely not out of the question", Bankman-Fried told the FT.
FTX is seeking a $20 billion valuation, aiming to outperform its main competitors like Binance and Coinbase. According to Sam, FTX still has ample room for growth, suggesting future acquisitions. Last month, super celebrity couple Tom Brady and Gisele Bundchen became shareholders and ambassadors for FTX. Sam, who has a net worth of about $8.7 billion, is optimistic about regulation, noting that this is inevitable and potentially beneficial to encryption brands. An acquisition of Goldman Sachs, with a market cap of US $128 billion may be far away. But, in fact, FTX's explosive growth lends some credence to Sam's ambitions. The average daily trading volume on the stock exchange increased 11 times between October and April this year.
To stay up to date, follow the QR Capital on Instagram and on Twitter.Text originally published on BlockTrends.
