Crypto exchange FTX will let customers trade stocks and exchange-traded funds on its popular trading app alongside bitcoin and dogecoin.
FTX said Thursday that it opened access to its new stock-trading service for a limited number of U.S. users, It plans to expand the functionality to all American customers in the next few months, the head of the crypto exchange’s U.S. arm said in an interview.
The app could ultimately offer trading in other asset classes, such as futures, all within the same interface, said FTX.US President
Brett Harrison.
“What we eventually want to offer is an everything app for financial services,” he said.
FTX plans to offer commission-free stock trading, like most major U.S. online brokerage firms. But it won’t route customer orders to high-speed traders in…