FTX Announces Title Sponsor of Australian Blockchain Week 2022

FTX Trading Limited (FTX) will be the naming rights sponsor for Australia Blockchain Week 2022, which will take place from March 21 to 25.

Blockchain Australia is Australia’s peak industry network, bringing together industry, academia and government to explore opportunities in blockchain technology.

I am very excited to announce @FTX_official As the naming rights sponsor for Blockchain Week 2022.

A huge @SBF_FTX Thank you for supporting the Australian ecosystem pic.twitter.com/B6cUWaTWIE

– Steve Vallas (@stevevallas) January 17, 2022

Australian Blockchain Week will be attended by more than 200 speakers from 75 events, including FTX CEO Sam Bankman-Fried. Launched in May 2019, FTX is a Bahamas-based cryptocurrency derivatives exchange. According to statistics, its 24-hour trading volume was $1.41 billion at press time. Coin Ranking.

Blockchain Australia CEO Steve Wallas said the appointment comes at a “watershed moment” as the Australian blockchain ecosystem continues to go mainstream.

“The growing interest in blockchain technology by major financial institutions and signs of increased regulation in the industry mean this year’s event comes at a pivotal moment for all players in this market.”

Bankman-Fried said the partnership was its first focus on supporting “long-term growth in the Australian market”.

“We look forward to contributing to discussions that advance the local industry, better protect and protect consumers, and enable financial institutions to grow and prosper in the crypto industry.”

related: Australian Blockchain Says Government Still Not Seeing Industry as ‘Wild West’

Australian Blockchain Week will take place shortly after the businessman speaks at the Asian Financial Forum on Jan. 11, which includes He called on regulators Create a single framework for digital assets.

In December 2021, Bankman-Fried led FTX to the forefront of 2021 unicorn companies, ranking 11th with a valuation of $25 billion.

The deal is the latest instance of an international cryptocurrency exchange paying a hefty fee to get its name in front of an Australian audience. Yesterday, Singapore-based cryptocurrency exchange Crypto.com Agree to pay $30 million Sponsor the Australian Football League.