Company Highlights
– Achieved a record over $400 billion in monthly trading volume ($14B/day) in April 2021
— ~25x increase YOY from April 2020
– Became world’s 4th largest cryptocurrency exchange by volume
– Started the FTX Foundation Initiative in February 2021; pledged 1% of FTX fee revenue to the Foundation
— Since then FTX and its users have pledged over $7.5m to effective charities
SINGAPORE, May 11, 2021 /PRNewswire/ — FTX Trading Limited (“FTX” or “The Company”), announced $400 billion in monthly trading volume on its platform during the month of April, making it the world’s fourth largest crypto exchange by volume and the world’s fastest growing exchange in terms of market share and new products added.
On May 8th, 2021 FTX celebrated its two-year anniversary with its partners and community. In the past two years, the exchange has evolved from an idea into one of the world’s leading crypto venues. Last month alone FTX saw $14 billion in average daily volume and open interest peaking above $10billion, representing ~25x YOY growth from April 2020.
Sam Bankman-Fried,…
