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Author Topic: Argentina’s IOL Invertironline Plans to Add Crypto Trading  (Read 540 times)

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Argentina’s IOL Invertironline Plans to Add Crypto Trading
« 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.

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Argentina’s IOL Invertironline Plans to Add Crypto Trading
« on: September 04, 2021, 10:08:14 AM »

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