FTX brings in a volume of $750 million in trades every day. The Blockfolio acquisition is one of the largest in crypto history after Binance’s acquisition of CoinMarketCap which was rumored to be worth upwards of $400 million. If FTX is able to take advantage of the userbase of Blockfolio, then it could bring some big advantage in terms of liquidity. The teams of both companies have already started working together on a trading product branded with Blockfolio. With the new acquisition, FTX aims to launch a simpler trading experience for its retail customers. The portfolio tracking can also be automated by connecting the app to an exchange account. ![]() The app will also allow users to view the market moves of a token by searching for it in the app. Blockfolio lets users add their cryptocurrencies to a portfolio and track their value over a period of time.
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