FAILDEX失樂園
中文

Embed Financial Technologies

The business, the turning points, and the decisions behind them.

Founded2020
Event year2022
FundingUS$80M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Embed Financial Technologies Inc., based in Vancouver, Washington and founded in 2020, provided white-label brokerage services and APIs to broker-dealers and registered investment advisors. Its clearing firm — a member of FINRA, DTC, NSCC, Nasdaq, and IEX — offered securities execution, clearing, settlement, and custody APIs that let businesses build investing experiences inside traditional financial systems; it powered FTX Stocks.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Embed Financial Technologies was founded in Vancouver, Washington, building white-label brokerage services and APIs; it launched its clearing product on schedule.

  2. Acquired by FTX US

    On June 21, 2022, FTX US acquired Embed Financial Technologies (West Realm Shires Services), including its white-label brokerage services and API provider business.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.