FTX, the $32 billion global crypto exchange, is gearing up to take on the final frontier: New York.
The digital asset exchange — which boasts investments from celebrities including power couple Tom Brady and Gisele Bündchen — has hired former Fidelity Digital Assets executive Marissa MacDonald in its bid to obtain a license in the Empire State.
New York is an infamously difficult regulatory environment to gain approval — and getting a foothold in this market would bring FTX services to an additional 20 million residents.“We just recently submitted an application and we are in productive conversation with the New York Department of Financial Services staff,” MacDonald told The Post.
By the time the process — which can take as long as a year — is completed, FTX is expected to be operating in all 50 states.The Bahamas-based company, which boasts ads with comedian Larry David and NBA legends Steph Curry and Shaquille O’Neal, has taken the crypto world by storm.
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