Country for PR: United States
Contributor: PR Newswire New York
Monday, March 21 2022 - 10:00
AsiaNet
FTX Establishes Local Presence in Australia
SYDNEY, March 21, 2022 /PRNewswire-AsiaNet/ --

- FTX launches fully registered and licensed Australian operations 

FTX Trading Limited ("FTX") the leading global cryptocurrency exchange, today 
announced the establishment of FTX Australia Pty Ltd ("FTX Australia" or "the 
Company"), marking an essential chapter in FTX's continued global expansion.

Logo - https://mma.prnewswire.com/media/1507122/FTX_Logo.jpg  

Industry leading products and services to be offered by the Company will 
include a comprehensive suite of exchange and OTC based products and services, 
as well as derivatives.

Sam Bankman-Fried, CEO & Founder of FTX, commented on the news, "We're excited 
to bring FTX's innovative products and services to the Australian marketplace. 
The establishment of FTX Australia should provide all our local clients with 
the confidence of trading on a registered and licensed platform. As in other 
jurisdictions within which we operate, significant resources have been 
allocated to proactively engage with local regulators. We look to be a 
participant in policy discussions globally and will seek to continue this same 
level engagement locally through FTX Australia, and we are encouraged by the 
important work being undertaken to establish a new digital asset licensing 
regime."

Australia is a well-regarded financial centre in the Asia-Pacific and an 
important and growing market for FTX. Australians have a long reputation of 
adopting new technologies, particularly when it comes to financial services. 
The establishment of FTX Australia highlights FTX's long-term commitment to the 
local market and represents the natural next step in the FTX's global expansion.

About FTX Australia

FTX Australia will be headquartered in Sydney, the financial centre of 
Australia. The Company holds an Australian Financial Services Licence and acts 
as the issuer of the OTC derivatives including options contract, futures 
contract, contract for difference (CFDs) with the underlying digital/crypto 
assets, and leveraged tokens.

About FTX.COM

FTX is a cryptocurrency exchange built by traders, for traders. It offers 
innovative products, including industry-leading derivatives, options and 
volatility products, tokenized stocks, prediction markets, leveraged tokens and 
an OTC desk. FTX strives to be an intuitive yet powerful platform for all kinds 
of users, and to be the most innovative exchange in the industry.

To learn more about FTX.COM, please visit: https://ftx.com/

FTX.COM is not available to US residents or residents of other prohibited 
jurisdictions, as set out in its Terms of Service.

Media Contact

Pete Padovano
M Group Strategic Communications (for FTX)
+1 646 859 5953
ftx@mgroupsc.com

SOURCE  FTX Trading Ltd.