The move, amid a bear market for digital assets, highlights the platform’s long-term view of the currencies and its first offering in a pivot away from a Green Dot partnership.
Banking and investing platform Stash on Tuesday announced expanded cryptocurrency access for users through a separate crypto account for its 2 million users, with the opportunity to buy eight cryptocurrencies including Bitcoin, Ethererum and Bitcoin Cash.
“We look at this as a growth opportunity [for users] to be able to invest and get exposure to this growing asset class,” said Douglas Feldman, Stash’s chief investment officer. “We have a very strong view over the long term … that crypto and the blockchain technologies that crypto relies upon, will become more prevalent.”
The announcement comes nearly a year after the company introduced crypto exposure in its managed Smart Portfolio accounts. Despite the volatility of the crypto market, buying crypto directly through Stash — a feature customers asked for —...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...