Stocktwits launches equities trading

Rick Steves

The social platform turned trading platform has announced the expansion of the company’s existing suite of trade execution capabilities with the launch of equities trading. 

The New York-based firm was originally a social platform for investors and traders across all asset classes including stocks, crypto, and other emerging investments, and finally moved into the brokerage space in February 2022, when it launched crypto trading.

Now, with equities trading, Stocktwits offers a complete user journey, from awareness to execution, allowing users to purchase stocks directly within the Stocktwits platform through its wholly owned subsidiary and SEC registered Broker-Dealer, ST Invest, LLC.

Rishi Khanna, Chief Executive Officer of Stocktwits, said: “The Stocktwits community has been avidly following the equities market since our inception in 2008. With the addition of equities trading to our existing crypto trading product, the Stocktwits platform continues towards bringing a full suite of execution capabilities. We’re excited to give our users a complete experience within the platform where they’ve formed their investing identity.”

Stocktwits plans to expand to more asset classes

Stocktwits has more than 6 million registered users and reaches over 5 million users on the platform monthly. The company plans to build new tools and data, expand execution functions to even more asset classes, and continue fostering a strong community.

Two of the six million registered users joined Stoctwits over the past two years. The firm has recently raised $30 million in a fundraising round. Alameda Research Ventures, owned by Sam Bankman-Fried, who also owns FTX, is one of the investors.

This has likely facilitated the decision to bring FTX to the table as the US-based cryptocurrency exchange is set to provide the infrastructure for Stocktwits, with the same tiered fee structure that can be found on the FTX platform.

Stocktwits’ crypto trading services are powered by FTX. The firm is also prioritizing access to quality data for alternative assets that previously were not available to the average user.

Crypto was the first asset class to become available on the social trading platform not only because retail investors are increasingly interested in the emerging asset class but also because there are fewer regulatory hurdles to offering crypto trading as opposed to equities.

Equities trading at Stocktwits is now a reality and the firm plans to expand further into more asset classes.

  • Read this next

    Digital Assets

    Hong Kong ends license applications for crypto exchanges

    Hong Kong has officially ceased accepting license applications from cryptocurrency exchanges as of February 29, signaling a stringent regulatory shift.


    Volt secures EMI license, expands payment solutions in UK

    Volt has successfully obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA).

    Retail FX

    ASIC bankrupts finfluencer Tyson Scholz over stock tips

    The Australian Securities and Investments Commission (ASIC) has effectively bankrupted Tyson Robert Scholz, the figure behind “Black Wolf Pit.” The action marks a significant crackdown on so-called ‘finfluencers’ and individuals providing unlicensed financial services.

    Digital Assets

    Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH

    The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield.


    Introducing QuickNode Streams: Elevating Blockchain Data Management

    Discover QuickNode’s Latest Innovation: Streamlining Blockchain Data Streaming for Enhanced Efficiency and Accessibility. Explore the Future of Blockchain Technology with Streams.

    Industry News

    John Oliver rips into MetaTrader over role in ‘Pig Butchering’ scams

    “If your friend told you to download an app, and you saw it in the app store with good reviews, you might assume everything on it was legitimate. In before, you saw MetaTrader’s logo which looks like three men in suits jerking each other off under a table – an appropriate metaphor for cryptocurrency if I have ever seen one,” Oliver quipped.

    Digital Assets

    Coinbase supports Nethermind and Erigon to ease Geth dependency

    Coinbase plans to support additional execution clients as America’s largest crypto platform aims to improve the Ethereum blockchain’s resilience and mitigate the risks associated with the network’s heavy reliance on a single client.


    How AI Transforms Trading: Current Trends and Perspectives

    In 2023, we observed a boom of news about Artificial Intelligence (AI) in every field, whether finance, tech or medicine. In 2024 and later, AI will take an even more significant place.

    Industry News, Uncategorized

    FCA wants to tackle lack of competition in wholesale data market

    “Complex licensing practices by MDVs and trade data providers who deliver their data through MDVs increase costs for data users. Many Market Data Vendor (MDV) users have to hold licences both from the data generator (such as a trading venue) and from the MDV through which they access data. We have seen an increasing proliferation of licences for similar data types and different use cases. Complexity also drives additional costs for data users, such as operating a compliance team.”