Mollie compared to FTX

Mollie

Mollie, founded in 2004 by the Adriaan Mol, selling text messages to a mostly technical audience. The texting space changed when payments ecosystem. Mollie was an early adoptor of this new way of payments, and made a pivot to PSP and micro transaction payment provider.

Mollie grew into it’s PSP role early 2006/2007, and has not stopped there. Mollie is investing heavily in new and disruptie technologies. Mollie has been accepting Bitcoin Since 2014, however they announced to stop taking Bitcoin payments in q2 2019 due to skewed cost-benefit ratios on the payments.

FTX

Founded in 2019, FTX grew to be one of the giants in the Crypto Exchange markets really fast. Co-Founder Sam Bankman-Fried, once a Jane Street Capital ETF trader, Founded FTX because there was a need for Cryptocurrency derivatives market.

FTX then grew further by making a number of acquisitions at high valuations, like Cryptocurrency Portfolio app Blockfolio for $150 million and the naming rights to the Miami Heat’s basketball stadium in 2021.

FTX is one of the biggest cryptocurrency derivatives exchanges world wide.