Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: RSRS on September 04, 2021, 10:08:14 AM
-
IOL invertironline, an Argentina-based trading platform, plans to offer crypto exposure to its 213,000 users.
Julio Patricio Supervielle, CEO of IOL parent Grupo Supervielle, said in the company’s second-quarter earnings call that the trading app is working to allow customers to buy and sell cryptocurrencies, “concentrating stock and crypto-asset investments in the same platform,” he said.
Earlier this year, the fintech started highlighting bitcoin-related stocks, a proxy for investors who want exposure to the crypto sector without holding the coins themselves. PayPal unleashed a flood of fintechs after its October 2020 announcement that it would offer crypto buying and selling in partnership with custodian Paxos.
The IOL offering will be powered by a third-party and extended to customers in Argentina at an unspecified date.
When reached by CoinDesk, IOL invertironline confirmed the details shared on the earnings call.
More Information (https://cryptonews.net/en/news/market/1677439/)