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Popular cryptocurrency exchange FTX has just announced the launch of a division for institutional investors.

The platform reported through a press release that the structure will provide advisory services and offer analytical tools to enable companies and funds to use digital currencies.

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Called FTX Access, the division will provide institutional investors with access to cryptocurrency derivatives, digital asset management services and structured products.

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Sam Bankman-Fried, CEO of FTX, noted the growing interest in cryptocurrencies among financial firms and other institutions, many of whom have invested in such instruments.

Earlier this year, Sam Bankman-Fried noted that the digital asset market will grow due to institutional capital.