Global crypto exchange FTX has turned its sights to Australia, as the naming rights sponsor for Australian Blockchain Week 2022.
Over 200 speakers across 75 events will present at Australian Blockchain Week, including FTX CEO Sam Bankman-Fried. Launched in May 2019, FTX is a Bahamian-based cryptocurrency derivatives exchange. At the time of publication, it had a 24-hour trading volume of $1.41 billion according toSteve Vallas, Chief Executive Officer of Blockchain Australia, said the appointment comes at a “watershed moment” as the Australian blockchain ecosystem continues to go mainstream.
“Growing interest in blockchain technology from major financial institutions together with signs of increasing regulation for the industry mean this year’s event is being held at a critical time for all players in this market.” Bankman-Fried said that the partnership comes as the first iteration of its focus on supporting the “long-term growth of the Australian market.”
“We look forward to contributing to discussions to advance the local industry, better safeguard and protect consumers, and enabling financial institutions to evolve and thrive in the crypto industry.”