FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report

HomeCrypto News

FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report

The bulk of FTX’s revenue comes from derivatives trading, while about 16% came from crypto spot trading in 2021, according to CNBC. The report also no

The bulk of FTX’s revenue comes from derivatives trading, while about 16% came from crypto spot trading in 2021, according to CNBC. The report also noted that less than 5% of FTX’s total revenue came from its U.S. business in 2021, and that FTX spent approximately 15% of its 2021 revenues on sales and marketing.

www.coindesk.com