FTX wants to continue solidifying its place in global digital asset markets, and sees IEX as a way to improve market structure for investors in a compliant and trusted manner. The size of FTX’s investment wasn’t disclosed, but an FTX spokesperson told CoinDesk it will become a “significant” shareholder of IEX.
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FTX takes stake in stock exchange IEX to strengthen crypto markets
“With this investment, we’re aligned with one of the most trusted and innovative companies in equities markets,” FTX CEO Sam Bankman-Fried said in the statement. He added the two companies will “collaborate on the further establishment of crypto market structure and work closely with regulators, allowing institutions around the world to enter the marketplace seamlessly."
