According to reports, FTX is striving for acquisitions in the brokerage area

According to reports, FTX is striving for acquisitions in the brokerage area

Sources of the discussions said CNBC to which the company based on the Bahamas spoken webull , apex-clearing and Public.com in the last few months.

A spokesman for FTX rejected a statement.

The US subsidiary of FTX presented its stock platform last week, which enables private investors to act stocks and ETFs alongside crypto and non-funnia token (NFTS). The retail brokerage accounts can be financed with traditional dollar deposit methods and with fiat-supported stable coins.

"On a certain day, a person might want to buy some Bitcoin or Tesla," Brett Harrison, President of the FTX, told Blockworks at the time. "You will not want to open two different accounts ... and want to postpone your savings between two different applications to make this type of investment."

The reported discussions with broker companies also follow the purchase of a share of 7.6 % of the Robinhood, Sam Bankman-Fried, the CEO of FTX.

Bankman-Fried said Blockworks last month that he predicted a wave of mergers and took over in the middle of the bear market. He noticed that it would be "not completely shocking" for FTX to acquire some "shrinking" stock exchanges, and noted that the company always evaluated opportunities.

ftx US bought the LedGerx for digital currencies to bring crypto derivatives to its US user basis. The company recently acquired a participation in the IEX Group stock exchange operator to create a simple and transparent market structure for the purchase and sale of securities of digital assets.

ftx also announced in February that the FinTech company Liquid Group would take over to avoid Japan's crypto exchange laws.

Dan Keeler contributed to this story.

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The contribution FTX is supposed to be looking for acquisitions in the brokerage area.