Digital asset enabler Paxos has been recruited by Fierce to provide crypto services.
Fierce is a neobank that offers a “super app” that includes an FDIC-insured checking account, a no-fee Debit Card, fractional stock, ETF trading, and more. Fierce banking services are provided in partnership with Fintech-friendly Cross River Bank. Fierce will offer access to trade Bitcoin (BTC) and Ethereum (ETH) with plans to bring additional digital assets in the future.
Paxos is a leading digital asset platform that has focused on being regulatory compliant – operating globally.
Paxos Chief Revenue Officer Michael Coscetta, noted that they are a qualified custodian managing the licensing, trading, and technical complexity so their clients can focus on building a seamless user experience.
“By integrating with the Paxos platform, Fierce ensures its users get the best prices with the proper consumer protections in place so that their assets always remain safe and accessible.”
Robert Cornish, CEO & Founder of Fierce, said their all-in-one app will now offer a “one-stop shop” for customers to move between cash, crypto and securities.
“Paxos and Fierce intend to further collaborate to offer users access to additional cryptocurrencies and real-world assets, such as tokenized gold.”
