Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding (Frank Chaparro/The Block)

Frank Chaparro / The Block:
Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding  —  FTX's American affiliate, FTX.US, has joined the crypto unicorn club after closing its first-ever fundraising round.