Robinhood has seen market share increase in the weeks following FTX's collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange.

Tenev also said that the 7.6% stake of Robinhood owned by FTX founder Sam Bankman-Fried does not indicate a formal relationship.

Tenev suggested that the events surrounding FTX's downfall are an opportunity for the firm.

(by Sam Venis)