Recently the Public.com group, a stockbroker company in New York City, announced that it is ready to join the new technology based on cryptocurrencies. The broker wants to showcase one of the best crypto investment solutions for its distinguished clientele to benefit.
A few hours after Thursday, the brokerage said that its clients would trade and save the cryptocurrencies simultaneously with the invested shares. Public.com joins a long list of investment agencies that follow the decentralized investment line.
New York Stockbroker enables cryptocurrency investments
Public.com, a New York brokerage, is targeting crypto investments amid an imminent adoptions wave. The Stockbroker said that investments in cryptocurrencies would be enabled in stages to have an optimal operation.
The agency has clients like movie actor Will Smith, skateboarding star Tony Hawk and moguls like Dick Parsons. With these new investments in cryptocurrencies, the Public.com future may be prosperous among new clients who join the cause.
The Stockbroker said that in its crypto investment system, it would offer management for Bitcoin, Dogecoin, and Ethereum, although it will not be limited to other cryptos. For the future, Public.com could support altcoins like Zcash, Stellar, Dash, Bitcoin Cash, Cardano, among others.
For Public.com to fulfill its investment plan, it will work with the Apex Crypto company, with almost one decade of experience in the decentralized market. The only downside of this crypto project is that Public.com will not operate in its home city because it does not have a crypto broker license. However, the agency will do its best to open its crypto investment operations in New York.
Apex Crypto offers the best cryptocurrency management
Apex Crypto, a company that has worked in cryptocurrency management since 2012, will guide the brokerage agency in its new project. With this help, the Public.com company could compete with top stock traders like Robinhood.
For February, the Stockbroker attracted over 200 million dollars in extra investment funds. It also earned a market valuation of one billion dollars. Like the crypto trading platform Robinhood, the Public.com interface plans to offer investment services without charging interest. In this way, Public.com will try to become the new investment company that supports decentralized currencies, including the crypto meme Dogecoin.
These new investments promised by the New York Stockbroker could unleash Bitcoin adoption to reach a new all-time high in value. So far, Bitcoin is trading at $54,209 with a 13 percent bullish streak in the last seven days. When Public.com activates crypto investments, the most popular token on the market is expected to exceed its all-time mark of $64,000.