The cryptocurrency exchange FTX announced on Jan. 31 that it saw its valuation swell to $32 billion, after it had raised $400 million from investors including SoftBank, in a new round of funding. Other investors in this fundraising round include Singapore’s Temasek Holdings Tiger Global and the Ontario Teachers’ Pension Plan Board, according to FTX. The latest Series C financing round was its third in the last nine months. FTX was founded around three years ago by CEO Sam Bankman-Fried and fellow co-founder Gary Wang, and has emerged to become a key player in the crypto market, rivaling more established players like Coinbase and Binance. The company was valued at $25 billion after its last round back in October 2021. Its user base has since grown by 60 percent and the new round of investments makes the platform one of the most valuable companies in the digital currency sector. FTX, which …