Public.com Adds Support For More Coins
The New York-based investment firm Public.com announced the expansion of the number of cryptocurrencies on its platform a few hours ago. The fintech platform entered the cryptocurrency space roughly a month ago and is already planning to become very active.
At the time of its launch, Public.com allows its users to buy and sell up to ten cryptocurrencies, including ether (ETH), bitcoin (BTC) and Dogecoin (DOGE). However, it is now making it easier for its clients to access more tokens after adding a few to the list.
According to the latest announcement, Public.com users can now buy and sell some DeFi coins such as Uniswap (UNI) and SushiSwap (SUSHI). Public.com also added Ethereum’s competitor Solana (SOL) to the list of tokens on its platform.
This latest development comes roughly two weeks after popular meme coin Shiba Inu was added to the list. Public.com is the latest fintech platform that has been increasing its presence in the cryptocurrency space.
PayPal, Revolut and Robinhood are some of the popular fintech platforms that are active in the cryptocurrency market. Robinhood, in particular, has been increasing the number of services available to its users.
The popular brokerage platform became the first broker to allow users to withdraw cryptocurrencies to external wallets. It is also set to launch the first 24-hour customer service in the cryptocurrency space as it looks to attract more investors and traders to its platform.
PayPal is also expanding its presence in the market after making its services available to UK users earlier this year. In April, Germany’s Trade Republic also launched cryptocurrency trading services. Stripe exited the crypto space in 2018 but has assembled a team and wants to re-enter the market soon.