FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins.
FTX US Launches Beta Equities Trading Platform
FTX US customers phased in through the firm’s private beta waitlist can now leverage the platform to purchase stocks and ETFs. The company says the new feature offers hundreds of select U.S.-exchange-listed common stocks, securities, and ETFs.
Furthermore, FTX will initially route the equities trading platform orders through Nasdaq. The company also noted that select securities will be offered via fractional share trading. Users can also purchase the stocks, securities, and ETFs by using a stablecoin such as USDC, credit card, wire transfer or ACH transfer.
“Our goal is to offer a holistic investing ser
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