Online brokerage M1 Finance to launch crypto trading accounts

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

M1 Finance CEO and founder Brian Barnes stated the move to support digital assets came after nearly 50% of the customer base reported interest in getting crypto exposure.

One of M1 Finance’s key offerings is Pie-based investing, which essentially allows users to create a portfolio of “Pies” in which each asset and its exposure percentage is represented as a slice on a Pie graph. The service is backed by algorithmic software that can automatically balance each portion of the Pie depending on the investor’s initial investment strategy or asset allocations.

“Create a crypto portfolio that fits your financial goals and risk tolerance. You can build custom crypto Pies or use Expert Pies, which are pre-built using thematic strategies such as DeFi, Web3, and large-cap crypto,” the company blog post read.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yam Finance thwarts governance attack aimed at hijacking its treasuryThe attack tried to take control of a Yam Finance treasury that holds more than $3 million worth of crypto via a malicious governance proposal.
Source: TheBlock__ - 🏆 464. / 53 Read more »