Dunedin’s Achieva Credit Union is getting into the crypto game.
The credit union on Tuesday launched a new app offering cryptocurrency services, including the ability to buy and sell Bitcoin, making it the first credit union in Florida to do so.
Achieva partnered with Bitcoin trading company NYDIG, which specializes in working with banks, credit unions and other traditional financial institutions. The company last year completed a $1 billion fundraising round, bringing its valuation to $7 billion.
While Achieva members could previously make Bitcoin trades on third-party apps, integrating the process into the credit union’s own app will give members easier access, Achieva’s chief digital and infrastructure officer Tracy Ingram said.
Over the past year, Achieva saw members trading $2.6 million in cryptocurrency through third-party apps, according to Ingram.
“They’ll come in, they’ll call and ask, ‘What are we doing? What should we look at?’” Ingram said. “There’s a lot of consumers...
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