2 years ago
Digital wealthiness absorption level Betterment has agreed to acquisition automated cryptocurrency portfolio supplier Makara for an undisclosed price.
"Makara is to crypto contiguous what we are to accepted investing, since pioneering robo-investing a decennary ago," says Betterment CEO Sarah Levy. As Betterment allows customers casual concern successful low-cost, professionally constructed equity portfolios, Makara offers the aforesaid for cryptocurrency.
Makara is among the archetypal crypto robo-advisors to beryllium registered with the U.S. Securities and Exchange Commission (SEC). Customers are capable to take from a acceptable of "baskets" of assets based connected their hazard appetite. The company launched services past June with a waiting database of 20,000 customers.
Terms for the woody were not disclosed.
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Jamie Crawley is simply a CoinDesk quality newsman based successful London.
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