Upstart Crypto Exchange FTX Surges Toward Top of Trading Ranks
- Sam Bankman-Fried launched the exchange two years ago
- Firm’s trading volume sees 25-fold increases versus April 2020
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FTX, the digital-assets trading platform launched two years ago by Sam Bankman-Fried, said it handled enough volume last month to make it one of the largest crypto exchanges.
FTX posted more than $400 billion in trading volume in April, the firm said in a statement Monday. That amounts to about $14 billion per day and marks a 25-fold increase from the same period last year.