FTX launches fully registered and licensed Australian operations.
SYDNEY, March 20, 2022 — FTX Trading Limited (“FTX”) the leading global cryptocurrency exchange, announced the establishment of FTX Australia Pty Ltd (“FTX Australia” or “the Company”), marking an essential chapter in FTX’s continued global expansion.
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-known financial center in the Asia-Pacific region, as well as a significant and expanding market for FTX. Australians have a long history of being early adopters of new technologies, notably in the financial services industry. The launch of FTX Australia demonstrates FTX’s long-term commitment to the Australian market and is the logical next step in the company’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.
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.
M Group Strategic Communications (for FTX)
+1 646 859 5953
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