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Former FTX US President Is Seeking Funds for Crypto Startup: Report
Brett Harrison is trying to raise $6 million at a $60 million company valuation, The Information reported.
Brett Harrison, who was president of FTX's U.S. division until September, is attempting to raise capital to fund a new cryptocurrency startup, The Information reported.
He is trying to raise $6 million while valuing the company, which aims to build crypto trading software for large investors, at $60 million, according to the report.
STORY CONTINUES BELOW
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Harrison didn't immediately respond to a request for comment.
Read More: Crypto Exchange FTX US President Brett Harrison Stepping Down
Nick Baker
Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.
