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new this morning ftx announcing its making a strategic investment in trading platform iex its part of the deal which is expected to close next month ftx will help iax on board digital assets to its trading platform and the two companies will work together to change the u.s market structure around digital asset securities join us right now first on cbc nbc is ftx founder and ceo sam bankman freed also iex co-founder and ceo brad katsuyuma its great to see both of you um sam how did this deal come together what are you trying to do here yeah i mean you know really excited to work with brad and the iax team here i think that you know the the core things that that sort of precipitated this work you know we have a lot of expertise with you know cryptocurrency um you know exchanging they have a lot of experience with securities exchanging and you know its a really good opportunity for us to work together and work with the sec and other regulators to build up pathways for a digital asset