Cryptocurrency exchanges FTX US and Bitstamp USA may offer stock trading to customers, an expansion that would ramp up their rivalry with old-school finance stalwarts and hot newer players like Robinhood Markets Inc.
FTX US is working on adding stock and option trading, and a launch could potentially come in “a couple months,” President Brett Harrison tweeted on Tuesday, reiterating previous statements from the company along those lines. A spokesperson wouldn’t elaborate.
