FTX reportedly shopping for brokerages in preparation for stock trading

Cointelegraph

Published May 24, 2022 01:43AM ET

Updated May 24, 2022 04:00AM ET

Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading.

The firm announced last Thursday that its U.S.-based subsidiary FTX.US will be launching zero-commission stock trading via its app, and will allow users to fund their accounts with fiat-backed stablecoins.

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