FTX US acquires Embed Financial subsidiary for stock trading platform

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FTX US acquires Embed Financial subsidiary for stock trading platform
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Do all roads lead to FTX? The exchange just acquired a company that will broaden its reach into the mainstream.

that it would be launching a stock trading platform, with FTX Stocks partnering with Embed Clearing to “execute, clear and custody” user accounts and trades.technology and infrastructure

facilitating the crypto exchange’s stock offering. The FTX Stocks platform has been in beta testing for select clients in the United States since May, with the exchange reporting on Tuesday it would be available to all domestic customers sometime in the summer. Embed Clearing is a member of the Financial Industry Regulatory Authority, Depository Trust Company, National Securities Clearing Corporation, Nasdaq and Investors Exchange. In addition to Embed, FTX US

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