Tag Archives: liquid

It’s just water in a can. How did Liquid Death become a billion-dollar brand?

It’s just water in a can. How did Liquid Death become a billion-dollar brand?

If you’ve been to a live event recently, you may have noticed something called Liquid Death being sold at food and drink stands. For those not in the know, the name may be a little intimidating. But “Liquid Death” is just water in a can. Now the brand, which has been independently owned and operated since its creation in 2017, has raised a new round of investment that values it at $1.4 billion. In a release Monday, Liquid Death said it had hit $263 million in global sales and can be found… Source link

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FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

FTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

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