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FTX US debuted its stock trading functionality, FTX Stocks, last month for select customers in private beta. The public release, limited to the US, is expected later this summer. The acquisition of Embed will help FTX US offer the stock trading functionality to other firms.
"Embed and FTX US together can provide combined stocks, options and crypto white-label services to broker-dealers," he told The Block. "These businesses may be trading and investing apps, or they could be neo-banks or other fintechs looking to add such services as add-ons to their core functions."
https://www.theblock.co/post/153258/ftx-us-embed-financial-acquisition-clearing-stocks
