Capitalize Financial
No Result
View All Result
Thursday, November 30, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Australia-Listed Non-Bank Broker SelfWealth to Add Crypto to its Platform

by capitalizefinancial
July 12, 2021
in Sports
0

SelfWealth, an Australian Securities Exchange-listed (ASX) company and one of the country’s largest non-bank online brokers with 95,000 investors, is looking to add crypto to its platform.

According to a report Sunday by the Australian Financial Review, the company is in discussions with cryptocurrency exchanges in a bid to add functionality for trading the nascent asset class.

Around $5.9 billion (US$4.4 billion) in the total value of securities is currently held on the SelfWealth platform. The company plans to add up to 10 cryptos on its platform including bitcoin and ether by year’s end which will be held in an integrated third-party wallet. SelfWealth will also look to charge a flat percentage fee for every crypto trade it conducts on behalf of clients as is the case amongst its traditional equities trades.

Over two-thirds of its customer base, comprising of traders and investors, hold or plan to invest in digital assets, per the report, signifying an increase in demand among the country’s traditional investors.

SelfWealth CEO Cath Whitaker said being able to buy and sell crypto as well as trade local and U.S.-based shares using the ASX’s Clearing House Electronic Subregister System, or CHESS, on the same platform would be an “Australian first.”

Read more…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

How To Select The Right Cryptocurrency For Yourself?

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved