• May 18, 2024


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Crypto Exchange FTX Saw Record 1,000% Earnings Last Year

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According to CNBC, the company’s revenue grew by 1,000% from $89 million to $1.02 billion last year.

FTX is the third largest exchange after Binance and Coinbase in terms of trading volume. Over the past 24 hours, the amount of transactions on this platform has exceeded $1.5 billion.

The net profit of the trading platform in annual terms increased from $17 million to $388 million.

The press service of FTX has not yet published any official comments in connection with the publication of these data. However, FTX CEO Sam Bankman-Fried has tweeted these figures are accurate.