FTX.US is going where no crypto exchange has gone before: US equities.
The firm — which is owned by billionaire wunderkind Sam Bankman-Fried — announced on Thursday the launch of a stock trading feature that would make the firm one of the most prominent companies in the crypto space to make the move into regulated securities. According to a press release, FTX Stocks will be offered through the FTX US mobile application. It is set to offer trading in hundreds of US-listed companies and exchange-traded funds.
Elsewhere, rivals like Coinbase have indicated that they do not intend to move into trading US securities. In 2021, Binance shut down its stock-tied token trading operation.
FTX, according to a press release, is offering brokerage services through FTX Capital Markets, which is „an affiliated broker-dealer registered with the SEC and member FINRA/SIPC.”
“Our goal is to offer a holistic investing service for our customers across all asset classes,” commented FTX US pr
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