FTX invests $100M in banking app Dave, forms partnership for crypto payments

Dave (DAVE), a publicly-traded banking app, has made a strategic partnership with FTX US, the stateside arm of cryptocurrency exchange giant FTX. The company also received a $100 million investment from FTX Ventures, the exchange’s $2 billion venture capital fund.

FTX US and Dave are currently exploring how to introduce digital asset payments onto Dave’s platform. In addition, FTX US will serve as the exclusive partner for any crypto offerings.