Signs are emerging that FTX’s dramatic collapse last month has benefited other major crypto trading platforms—at least in the short term.
One example is stock and crypto trading app Robinhood, which reported November trading metrics on Wednesday. Most of the data it reported were similar to its October figures, with total funded accounts increasing by only 40,000 accounts to 23 million, and equity trading volume falling slightly versus the prior month. But its crypto trading volume surged 60% to $5.7 billion.
