FTX US is acquiring equities clearing startup Embed Financial

Quick Take

  • FTX US is set to acquire equities clearing startup Embed Financial. 
  • The crypto exchange plans to enhance its newly launched FTX Stocks offering with the deal.

FTX US, the American subsidiary of global crypto exchange FTX, is acquiring equities clearing firm Embed Financial in a move to enhance its newly-launched stocks trading offering.

FTX US and Embed Financial are not new to each other. When FTX US