FTX increased revenue by 1,000% in 2021

The crypto winter has been a great opportunity for FTX to grow —unlike some of its competitors that are struggling to survive.

The world-famous cryptocurrency exchange platform FTX increased its revenue by more than 1,000% during 2021, from $89 million to $1020 million. During the first quarter of 2022, it made over $270 million in profit and is on its path to accumulating over $1.1 billion in revenue, according to sources cited by CNBC.