FTX announced as naming rights sponsor of Australian Blockchain Week 2022

Tuesday 18th January 2022

Blockchain Australia, the organisers of Australian Blockchain Week 2022, today announced that leading global cryptocurrency derivatives exchange, FTX Trading Limited (FTX), will be the naming rights sponsor of Australian Blockchain Week, 2022, which will run from 21 – 25 March.

The open, free and inclusive five-day event will be the largest event of its kind held in Australia. A multi-site, multi-city, multi-day festival of all things blockchain, cryptocurrency and digital assets, the week will bring together industry, academia and government, and will highlight Australia’s growing place on the global blockchain stage.

Steve Vallas, Chief Executive Officer of Blockchain Australia, said the appointment of FTX as the naming rights sponsor comes at a watershed moment for the Australian blockchain ecosystem.

“Last year the Australian Blockchain industry reached a critical milestone and we believe the mainstream moment has now arrived,” Mr Vallas said.

“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.

“We are delighted to be working with FTX on this year’s event. FTX has successfully established itself in a very dynamic sector, and their innovative and ambitious approach matches well with the energy surrounding this important industry event,” Mr Vallas said.

Australian Blockchain Week will run more than 75 online, in-person and hybrid events across 6 cities, and include more than 200 speakers. Broadcast globally, it will cover themes ranging from the future of the payments system and the regulatory outlook, to the impact of venture capital and the outlook for the Metaverse.

“Australia has a vibrant and innovative crypto and Blockchain industry and we are very proud to be the naming sponsor for Blockchain Week,” said Sam Bankman-Fried, CEO of FTX. “With our 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.”

Launched in May 2019, FTX is one of the largest cryptocurrency exchanges in the world and allows users to not only trade the world’s major cryptocurrencies like Bitcoin and Ethereum, but also offers derivatives, options, volatility products and leveraged tokens. FTX services both professional trading firms and first-time users. In December 2021, Sam Bankman-Fried led FTX to be among the top 2021 unicorn companies, ranking 11th with a valuation of $25 billion.

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