Public.com expands crypto offering one month after digital asset launch
November 10, 2021, 11:54AM EST
1 min read
The New York-based investment platform Public.com has expanded its crypto offering one month after its initial launch. Previously, the platform offered trading in ten currencies, including ether (ETH), bitcoin (BTC) and Dogecoin (DOGE).
Today’s announcement sees DeFi coins such as Uniswap (UNI) and SushiSwap (SUSHI), and Ether-challenger Solana (SOL) added into the mix. Two weeks ago, memecoin of the moment Shiba Inu ($SHIB) was also added, taking Public.com’s coin count to 21.
This doubling down on crypto will add to the investment platform’s plethora of services ranging from themed investment plans to traditional stocks and ETFs.
Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction.
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.