#Ads on blockfolio app professional#

presidential election, and deep liquidity resonate with professional traders and quants.ДЇTX has about 30,000 monthly active users on its platform, with average daily volumes between its spot and derivatives markets exceeding $1.5 billion per day. Innovative products, like TRUMP and BIDEN tokens for betting on the U.S. It looks like the exchange is ready to execute on the last stage of its plan.ДЇounded in May 2019, FTX has carved out a niche in the cutthroat crypto-exchange market by offering innovative crypto derivatives, options, and tokens. Or, like several other big crypto acquisitions, things could blow up catastrophically.Д«ankman-Fried has said the plan has always been to first capture institutional customers, then aggregators of volume, then large traders, and finally retail.

вЂњWe decided to join forces to build something magical together.вЂќ Does the Blockfolio Deal Make Sense?Дespite the enormous $150 million price tag, the dealвЂ™s synergies could outweigh the costs for FTX. вЂњThey were excited about the product, and they were excited about working with us.вЂќ Over the course of a month, negotiations between Moncada and Bankman-Fried progressed to talks of a full-on acquisition. It wasnвЂ™t an acquisition, it was just leveraging FTX to build a product for Blockfolio users,вЂќ said FTX founder Samuel Bankman-Fried.Д«lockfolio talked with вЂњmost of the top exchanges,вЂќ but things вЂњreally just clicked with FTX,вЂќ said Moncada. вЂњOriginally, we began talking about building something together. Adding ways to trade in-app is a natural next step. Blockfolio integrated with exchanges, top media companies, and project teams to deliver a potent combination of price data, news, and team updates. Since its launch in 2014, the Los Angeles-based company has added several new features. However, Blockfolio didnвЂ™t have вЂњexchange DNA,вЂќ so the company started looking for an exchange to partner with in May of this year.Д«lockfolio has its origins as a mobile-first crypto portfolio tracker. FTX and Blockfolio Join ForcesД«lockfolio has long had plans to tap into its enormous active user base with in-app trading, CEO Edward Moncada told Crypto Briefing. ItвЂ™s the best case I could ask for,вЂќ said Moncada of the deal. вЂњThis is a brand and team we really believe in. We interview CEOs Samuel Bankman-Fried and Edward Moncada for the inside scoop.

FTX is acquiring a crypto-portfolio tracking app Blockfolio for a record $150 million, the third-largest disclosed crypto company acquisition to date.

Ads on blockfolio app