EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto.
Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum (ETH) to the investment portfolio they manage for their kids, all via an all-digital experience–which is reportedly a first for the wealth management sector and a means to offer the next-gen of investors with convenient access to these fast-evolving virtual currencies.
Parents who decide to sign up for the EarlyBird Crypto waitlist will be able to get early access to the product offering later in 2022, and also a $25 sign-up bonus, an eight-part educational email series, and the chance to participate in the most important development in family wealth management over the past 10 years.
Since going live in December 2020, EarlyBird has reportedly helped thousands of families with investing in their children. In minutes, parents are reportedly able to set up an account, choose from a range of diversified portfolios, specify a recurring investment, and invite friends and family members to start making contributions.
All investments are reportedly accompanied by authentic video and photo memories that range anywhere from being heartfelt to humorous, celebrating notable moments during a kid’s life.
Jordan Wexler, CEO and Co-Founder of EarlyBird, stated:
“As children grow up, a sense of financial security can completely change the way they think about what’s possible – they have the privilege of taking risks. Educating and exposing families as early as possible to the asset classes of a modern portfolio, while simultaneously engaging a child’s community, creates compounding impact for that child and for the generations to come.”
The product’s arrival has come after the firm’s $4 million seed funding round, which had been led by Alexis Ohanian’s Seven Seven Six along with contributions from digital asset platform, Gemini, via their Frontier Fund.
Gemini also acts as the custodian for EarlyBird Crypto, offering institutional-grade security to families investing via the platform.
Marshall Beard, Head of Strategy at Gemini, remarked:
“As the digital asset ecosystem continues to grow and develop, solutions like EarlyBird will become increasingly important to providing the personal and financial freedom that digital assets represent. Gemini’s unique platform enables us to support those building the future of digital asset investment through both strategic investments and our product offering.”