GTX Pitch Deck Used to Raise $25 Million in Seed Funding for Crypto Exchange
Company Background:
Three Arrows Capital (3AC), a now-defunct cryptocurrency hedge fund, and CoinFLEX, which filed for restructuring last year, are collaborating to gather $25 million to launch GTX, a new cryptocurrency exchange.
Two months have passed since the infamous collapse of the top cryptocurrency exchange FTX, which left more than a million creditors without compensation. Because G follows after F, one pitch deck's initial line in the name of the exchange, GTX, is even a play on FTX.
Despite the criticism surrounding it, the GTX pitch deck provides a unique perspective on how repeat founders might recover from a failed firm and secure money from investors for new endeavors.
Business Model & Funding Summary:
- Industry: Crypto, FinTech, Blockchain
- Business model: B2C
- Year: 2023
- Amount raised: $25M
- Stage: Seed
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