Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Seeking Alpha 2022-10-04 14:18:02

Robinhood rival Stash allows its over 2M users to buy eight cryptos

Investing and banking app Stash, a rival of Robinhood Markets (HOOD), has pushed deeper into the cryptocurrency space Tuesday after providing its more than 2M subscribers access to buy eight tokens.Stash, which has almost $3B in assets under management, partnered with Apex Crypto as its crypto investing infrastructure provider to enable crypto trading and execution services.The tokens were not identified, though Stash said users can buy "eight of the largest and most established cryptocurrencies available," so perhaps bitcoin (BTC-USD) and ethereum (ETH-USD) - the two largest tokens by market cap - are in that mix.Furthermore, Stash said it introduced a crypto calculator tool to help customers build and keep a balanced portfolio based on their current holdings.The fintech initially dove into crypto earlier this year when it introduced crypto exposure in its fully-managed Smart Portfolio accounts, of which than 500K people have signed up.Robinhood (HOOD), by comparison, has rolled out a slew of crypto-related products for retail investors in recent years, ranging from a self-custody wallet to crypto trading on its platform. It recently partnered with stablecoin-issuer Circle to let users buy and sell USDC (SDC-USD).

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.