FTX traders have doubled their money with Airbnb's price increase

 US-based online home rental platform Airbnb started trading on Nasdaq last Thursday. The company's shares rose 120 percent, seeing $ 150 on the first day after the public offering, where it was sold for $ 68.


After this increase in value, Airbnb's market value has also reached over $ 100 billion.


On the other hand, the crypto derivatives exchange FTX began listing its tokenized Airbnb stock on Wednesday, before it started trading on Nasdaq. Traders who bought Airbnb on FTX without entering the Nasdaq doubled their money. Airbnb tokens opened at $ 60 in the public offering on FTX, close to the opening price, and traded in the $ 60-80 range most of the day.

FTX CEO Sam Bankman-Fired shared the listing news on Twitter on Wednesday and emphasized that Airbnb was listed on FTX before Nasdaq.


The crypto derivative exchange FTX, which Binance also invested in, has recently gained a strong reputation with its innovative work in the crypto currency field. The platform listed Facebook and Netflix earlier this year. The daily trading volume of the stock exchange has been around 2 billion dollars in recent days.

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