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Crypto Exchanges FTX US, Bitstamp Explore Expansion Into Stock Trading - Bloomberg

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Cryptocurrency exchanges FTX US and Bitstamp Ltd. are exploring offering equities trading, a move that’d allow them to diversify while venturing into the territory of traditional financial firms and popular app providers such as Robinhood Markets Inc. 

FTX US is working on adding stock and option trading, and a launch could potentially come in “a couple months,” President Brett Harrison reiterated on Twitter on Tuesday. Initial features planned under equity trading include stock screening, display of basic fundamentals such as market capitalization and P/E ratios, and portfolio performance tracking. A spokesperson for FTX US confirmed that the company is “continuing to look into” future integrations of stock and options trading, without providing additional details. 

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"Trading" - Google News
January 13, 2022 at 09:18PM
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Crypto Exchanges FTX US, Bitstamp Explore Expansion Into Stock Trading - Bloomberg
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