FTX’s European Expansion by the Numbers; Another Mega NFT Startup Valuation

Sam Bankman-Fried, founder and chief executive officer of FTX. Photo: Bloomberg

FTX is expanding into Europe. The cryptocurrency exchange, which ranks as the third largest globally based on daily spot-trading volume, opened its trading platform to Europe on Monday. To learn why FTX is heading to Europe despite the current geopolitical climate, I calculated how big this market could be for the company.