FTX US to Acquire Embed to Provide White Label Brokerage Services

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West Realm Shires
Incorporated, the owner of FTX US, a US-regulated cryptocurrency exchange, has
announced its ongoing acquisition of Embed Financial Technologies, the parent company
of clearing firm Embed Clearing LLC.


Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

The firm disclosed this on Tuesday in a press statement. However, the company did
not disclose the price of the acquisition.

The exchange also noted
that the take-over is dependent on the satisfaction of customary closing conditions
and regulatory approval.

According to FTX US,
Embed specializes in providing white label brokerage services and application
programming interface to broker-dealers and registered investment advisors.

The exchange said the
acquisition will allow it to provide white label brokerage services to businesses, applications, and users of FTX Stocks, its equities and
exchange-traded fund trading platform.

“The acquisition signals
the company’s intention to expand the financial services it offers to US
customers and will enable it to route, execute, clear, and custody all
customer equities and options accounts and trades through use of Embed’s
infrastructure and licensure,” FTX US explained in the statement.

West Realm Shires
Incorporated, the owner of FTX US, a US-regulated cryptocurrency exchange, has
announced its ongoing acquisition of Embed Financial Technologies, the parent company
of clearing firm Embed Clearing LLC.

The firm disclosed this on Tuesday in a press statement. However, the company did
not disclose the price of the acquisition.


Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

The exchange also noted
that the take-over is dependent on the satisfaction of customary closing conditions
and regulatory approval.

According to FTX US,
Embed specializes in providing white label brokerage services and application
programming interface to broker-dealers and registered investment advisors.

The exchange said the
acquisition will allow it to provide white label brokerage services to businesses, applications, and users of FTX Stocks, its equities and
exchange-traded fund trading platform.

“The acquisition signals
the company’s intention to expand the financial services it offers to US
customers and will enable it to route, execute, clear, and custody all
customer equities and options accounts and trades through use of Embed’s
infrastructure and licensure,” FTX US explained in the statement.

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