In 2021, the spot trading volume of the FTX cryptocurrency exchange increased by 2400%, reaching $719 billion. At the peak, the daily number of transactions concluded on the platform, including transactions with derivatives, amounted to 13.8 billion. informed in a report released today.
FTX average daily trading volume in 2021 exceeded $12.5 billion, up 1187% year-on-year.
The exchange’s user base exceeded 5 million. The company noted that compared to 2020, the number of registrations increased by 1,500%. The pace of development of the American division of FTX.US was even faster – in a year the number of platform users increased by 12,100%.
The company’s staff has almost tripled – from 72 to ~200 people.
The company also said that “after organizing the largest round in the history of the cryptocurrency industry, the round is valued at $32 billion.” Earlier, the media reported on the plans of the head of FTX Sam Bankman-Fried to raise $1.5 billion.
Recall that in July 2021, the exchange raised $900 million as part of a Series B funding round, the volume of which was subsequently increased to $1 billion.
In October, FTX closed a $420.69 million Series B-1 funding round, bringing its valuation to $25 billion.