Invest in US Stocks From Anywhere in the World with Bitcoin Using Keza
New York-based Bitcoin investment startup Keza announced the launch of its iOS app today. The app will allow users to invest Bitcoin in a portfolio of stocks and fixed incomes. Users will have the option to choose between three portfolios: Moderate, Conservative and Aggressive. The riskier the portfolio, the more exposure it has to volatile assets such....
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According to Nasdaq, a new application has been released that allows people to invest Bitcoin into a portfolio of stocks. Users deposit the digital currency into the Keza platform to track investments that have three levels of risk. The Keza website explains its thesis: Keza users have the ability to choose between three types of accounts: conservative, moderate, and aggressive stocks which have more volatility. The company says it allows anyone to invest “without minimums” and enables diversified portfolios which are accessible with Bitcoin. The service says it uses a traditional strategy....
Satoshi Citadel Industries (SCI) has acquired the bitcoin-powered Keza app which allows users to invest in mainstream U.S. stocks, and has relaunched it. The Keza app closed in April shortly after launching, CCN reported. The project had received $357,000 in funding backed by Digital Currency Group and Jason Calacanis of HOF Capital. Keza also promised an application for the growing remittance market since it offered a tool for cross-border payments and remittances. SCI Welcomed Keza Early On. SCI noted in a blog that its core team had a similar idea in early 2016 for a bitcoin-powered app....
The Keza app, an IOS app which allowed users to invest in bitcoin stocks and fixed incomes, has closed down shortly after launching, according to its website. The project had received $357,000 in funding backed by Digital Currency Group and Jason Calacanis of HOF Capital. The closing marks a setback for bitcoin investing in stocks since the app offered a way to use bitcoin to invest in the stock market. Keza also promised an application for the growing remittance market since it offered a tool for cross-border payments and remittances. A notice on the Keza website states: “The Keza project....
Keza, a New York-based startup, launched an iOS app that allows users to invest bitcoin in stocks and fixed incomes, according to Nasdaq. There are moderate, conservative and aggressive portfolios. The company has raised $357,000 and is backed by Digital Currency Group and Jason Calacanis of HOF Capital. The riskier the portfolio, the greater the exposure to volatile assets like foreign stocks. Once a user picks a portfolio, they can deposit bitcoin and track investments over time. There is a 1% maintenance fee, according to the Keza website. Stefan Britton and Simon Burns, company....
Moreover, the Keza mobile app had no deposit minimum, which made it quite appealing to everyone in the world. The world of Bitcoin startups is no guarantee for quick success, as the Keza team found out the hard way. Although they had a solid business model, the app has been forced to shut down their offering effectively immediately. On the surface, the business model for the Keza project was quite appealing. Bitcoin users would be able to invest in US stocks from just about anywhere in the world. Additionally, the team engineers had created a mobile app for iOS users not too long ago,....