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FTX US Offers Trading of Old-School Stocks as Crypto Backstop

  • Users can opt to buy stocks with stablecoins such as USD Coin
  • Exchange pushes to diversify, seeks to lure retail investors
US-BITCOIN-FTX

Photographer: Oliver Douliery/AFP/Getty Images

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FTX US, the cryptocurrency exchange co-founded by Sam Bankman-Fried, is expanding into equities trading as it seeks a cushion for when digital assets retreat while capturing a broader group of retail investors.