Apex Clearing Corporation and Apex Crypto announced on Thursday they have formed a partnership to launch a cryptocurrency trading platform that is specifically for broker-dealers and financial advisors. According to the duo, this new platform allows investors to transition between trading equities and trading cryptocurrency, opening and funding new accounts in minutes.
“The Apex Crypto platform allows broker-dealers and financial advisors to meet legal and regulatory guidelines by holding crypto assets in separate accounts while still offering a fast, efficient, user friendly and holistic experience. At launch, Apex Crypto is offering access to four of the most-popular coins: Bitcoin, Bitcoin Cash, Ethereum and Litecoin. It is available to investors in 40 states and the District of Columbia, with additional states expected to join in the future.”
While sharing more details about the platform, Edward Haravon, Chief Operating Officer at Apex Crypto, stated:
“The interest and demand for cryptocurrency continues to rise. With Apex Crypto, investors have unprecedented access to this important asset class. It’s never been easier to buy or trade cryptocurrency.”
Bill Capuzzi, CEO at Apex Clearing, also commented:
“We want to change how people fundamentally think about their finances. Our integration with Apex Crypto helps financial firms give their clients a streamlined way to invest in a wider variety of asset classes in a way that feels part of – not separate from – the rest of their investment portfolio.”
The crypto platform is now available to all Apex Clearing clients, making digital currencies more readily accessible to more than 5 million current account holders.