.FTX_Official is making the move to Miami. The exchange is moving its U.S. headquarters from Chicago and expanding its presence in Florida since purchasing the naming rights to the NBA’s MiamiHEAT arena in 2021.
sponsored by FTX that would provide supplemental income and financial education for underbanked Chicago residents.A representative for FTX did not immediately respond to requests for comment about FTX’s decision to move its U.S. headquarters so soon, or what would become of the Chicago pilot program.
When speaking with Bloomberg about the move on Tuesday, FTX CEO Sam Bankman-Fried said that establishing offices all over the world was key to the company’s mission of getting licensure for its various businesses. FTX moved its“Frankly, for us, having clear licensure for our marketplaces is by far the biggest piece of this, that’s what we’ve been focusing on,” Bankman-Fried said.in terms of cities with the most investments in crypto startups.
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