FTX policy exec says its ‘priorities have not changed’ amid market madness

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FTX, the world's second- largest exchange, is undeterred by the downward trend in the markets.

Mark Wetjen is the head of policy and regulatory strategy at FTX. The reality is that the digital asset marketplace is here to stay, even though markets will do what they do.

The exchange, last valued at $32 billion, has the potential to become something of a salvation for a number of strugglingcryptocurrencies.

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Over $2 billion has been gathered for acquisitions by FTX. A $2 billion venture capital fund was launched earlier this year.

“One of the challenges of operating in the space is the relative lack of clarity.” Mark Wetjen, head of policy, FTX