A startup just made it possible for people to invest in U.S stocks from anywhere around the world using Bitcoin. The New York-based startup, Keza, announced its iOS app launch today, revealing that the app will be available on the App Store after the beta version.
As for today, the Bitcoin investment startup has just launched its public beta. Keza will be sending out TestFlight invites to its first 2,000 users to experience the app's features before it's rolled out to public. Other users can install the app and join the community after Keza is launched publicly at the Apple App Store.
The app will make it possible for anyone to invest in global markets using Bitcoin-denominated indices, in a portfolio of stocks and fixed incomes. As Keza's co-founder Simon Burns described in a post in Product Hunt, "Through Bitcoin, as a universal currency, a user from Lagos, Istanbul or Toronto can deposit with Keza in the exact same way. We're excited for Keza to be one of the many financial apps that can scale to more users than we've ever seen before thanks to the global nature of Bitcoin."
According to Nasdaq, users will have the option to choose between three portfolios. The options of the portfolios represented three degrees of risks in the investment as Moderate, Conservative and Aggressive. The riskier the portfolio, the more exposure it has to volatile assets such as foreign stocks. After users pick from the app's expertly crafted portfolios, they can start making investments and track their Bitcoin investments over time. It's also worth mentioning that Keza requires no deposit minimum and low fees.
Bitcoin Magazine elaborated the founding concept and process of the startup. Keza was founded by Simon Burns and Stefan Britton and had secured $357,000 at its seed stage, backed by Jason Calacanis of HOF Capital and Digital Currency Group. Burns and Britton aim to expand financial services access to every corner of the globe, using a universal digital currency, Bitcoin. "My co-founder and I had been reviewing all of the options to invest our Bitcoin and kept looking for a product that just didn't seem to exist. We started coding and putting together an MVP, that MVP got us into Boost.vc and developed our vision for the company," Burns explained.
Bitcoin investment startup Keza launched its version for iOS, allowing users to invest in the global portfolio regardless their location using Bitcoin. The company also stated that they are developing the Android version, expanding the services for more people to use.
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