Crypto Exchange FTX to Trade Top Stocks From Tesla to Amazon
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Cryptocurrency traders will soon be able to trade tokenized shares of some of the world’s largest companies like Apple Inc. and Amazon.com Inc.
Crypto exchange FTX, in partnership with German financial firm CM Equity AG and Swiss-based Digital Assets AG, is offering what they call fractional stocks -- about a dozen stock and crypto pairs that will be traded on FTX’s platform -- according to a press release seen by Bloomberg. Other notable names include Facebook Inc., Netflix Inc., Tesla Inc. and the SPDR S&P 500 exchange-traded fund.