Brett Harrison of FTX.US Wants the Company to be the Next Robinhood
FTX.US President Brett Harrison Desires Company to Become Robinhood
Brett Harrison took a break from coding FTX.US on the episode of The Scoop, to join host Frank Chaparro for a discussion on how the firm is going to expand its user base and the planned entrance into crypto derivatives. He said:
“The retail user base wants to be heard."
FTX.US is aimed exclusively on the US market, unlike FTX, which is a global business and closed its Series A round of funding in the month of July to the tune of an $18 billion valuation.
FTX.US, however, stands to benefit from its most recent round of funding of namesake.
He added to his statement and said:
"I think it's also very possible that sometime in the not too distant future we do a separate raise for us."
FTX.US Announces Acquisition of LedgerX
Addressing the expansion, Harrison said:
"It needs to have all the things that they want to trade."
In addition to this, he mentioned the fact that they require to engage the regulatory bodies in an ongoing way and said:
"We need to engage [regulatory bodies] in an ongoing way, and so in the cases that we've done that been doing that we've had very positive experiences."
Also, it should be noted that the LedgerX crypto derivatives exchange was acquired by FTX.US earlier this week. Harrison revealed:
“For something like FTX, there's really one player and it's FTX. We hold the money, we have the matching engine, we do the clearing, we do the settlements, we have the market data, the market is all free, all the connections are free, the API is free.”