How much money did Aptos invest in FTX ventures & jump crypto?

Aptos has secured $150 million in a funding round led by FTX Ventures and Jump Crypto to speed up the development of its Layer-1 blockchain. Aptos has raised $150 million in a funding round led by FTX Ventures and Jump Crypto.

Does jump Crypto have FTX exposure?

Jump's exposure to FTX was managed in accordance with our risk framework and we remain well capitalized. In February 2022, Jump Crypto paid $320 million to bail out token bridge Wormhole after hackers stole $325 million in Wormhole-wrapped ether on Solana.

What is the FTX crypto disaster?

The FTX crypto disaster is a great lesson in risk management. It brings into focus the importance of knowing where your valuables are and how they are being managed. FTX was founded in 2019 and rapidly became one of the largest crypto exchanges. It was led by a 30-year-old entrepreneur, Sam Bankman-Fried.