FTX is striding into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform.
West Realm Shires Services which is the owner and operator of FTX US, publicized the upcoming launch of the stock trading service offered directly through the FTX US trading app.
The new stock trading platform will feature trading and investing in hundreds of U.S. exchange listed shares which will include common stocks and exchange traded funds.
FTXs platform will be the first to allow retail investors to fund their accounts with fiat backed stablecoins like USDC. The option is allowed via a partnership with the FTX US crypto exchange, providing an alternate option to default deposit methods in the U.S. dollar including wire transfers, credit card deposits and others.
The FTX Stocks platform will be initially available in a private beta phase for select customers chosen from a waitlist. The service will also primarily route all orders through Nasdaq in order to guarantee transparent trade execution and fair pricing.
