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FTX US and Bitstamp USA to Offer Stock Trading

source-logo  ihodl.com 14 January 2022 09:55, UTC

The US divisions of crypto exchanges FTX and Bitstamp are exploring the possibility of starting to trade stocks on their platforms, Bloomberg has reported.

Bitstamp USA CEO Robert Zagotta has confirmed the exchange is considering adding stocks, derivatives and non-fungible tokens (NFTs) to the platform.

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FTX US CEO Brett Harrison has previously said the exchange is already working to add stocks. According to Harrison, stock trading on the site could begin "in the next few months."

FTX US has not specified whether it plans to obtain regulatory approvals to become an official marketplace for stock trading. Very few companies have such permission in the United States.

ihodl.com