|
|
|
|
|
|
by nroets
1325 days ago
|
|
|
Ftx is quite profitable: Good fee income with little marketing expense. So it has a large intangible value. I assume most traders on ftx only put enough capital on the exchange to keep their positions open in the short term. So the intangible value of ftx may well exceed the value of clients assets by a significant margin. Then ftx may well be able to issue new shares should it experience a liquidity crunch. |
|
|
Are you sure? I come bearing no data at all, but it seems everything I listen to or watch is sponsored by FTX. Didn't they also go huge during Superbowl? I would think FTX is one of the largest marketing spenders in crypto purely based on optics (which, again, may be completely off).