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Public Com Holdings Launches Bitcoin Crypto Trading

  • Public.com will now enable over a million retail traders to purchase, promote, and maintain bitcoin.
  • The neobroker based in 2019 will add BTC and 9 different cryptocurrencies to the record of funding autos choices, including to U.S. shares and ETFs.
  • It is unclear how the bitcoin custody will work for traders, however the characteristic gained’t doubtless enable withdrawals, successfully functioning as an IOU.

Public.com, the investing platform operated by Public Holdings Inc., is rolling out bitcoin buying and selling to its a couple of million prospects, The Wall Street Journal reported. The retail traders that make the most of the platform are now in a position to get oblique bitcoin publicity as well as to buying and selling U.S. shares and exchange-traded funds (ETFs).

Cryptocurrencies have “really attracted a new generation of investors to it as an asset class,” Stephen Sikes, chief working officer of Public.com, mentioned. “We also think…there is some validity to including crypto within a broadly diversified portfolio.”

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