New York Trading Platform Drops Equities for Cryptocurrencies

Receive all Cointelegraph news immediately in Telegram. JOIN × News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Events BlockShow 2017 Helsinki 2016 Events Events News Explained ICO Calendar Press Releases Submit a post Submit press release Events About Us Catalog Advertise Franchise Join Us The Cointelegraphfuture of money Toggle navigation Submit a post Submit press release News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Press Releases Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Press Releases Events BlockShow 2017 Helsinki 2016 Events Events News Press Releases Explained ICO Calendar Advertise   3 HOURS AGO By Jon Buck New York Trading Platform Drops Equities for Cryptocurrencies New York Trading Platform Drops Equities for Cryptocurrencies 3063 Total views 157 Total shares In a move that may well be the first among many, the New York based trading platform investFeed has dropped its equities platform and replaced it with cryptocurrencies. Started in 2014, the company has grown in its connections, with links to TD Ameritrade, E-Trade and Fidelity. The basic model is to combine pre-built APIs with elements of StockTwits, Steemit and TokenMarket, to create an incentivized social network exclusively for cryptocurrency. While the move is the first of its kind, there have been rumblings among hedge funds and other investment vehicles about moving toward cryptocurrencies in large bulk. The explosive rise in values of the cryptocurrencies has lead to widespread interest, especially as a potential replacement for gold as a store of value. While the move is certainly no shock to cryptocurrency fans, the investment market may find these changes somewhat disturbing. However, CEO of investFeed Ron Chernesky said, “Our strong belief in the future of cryptocurrencies prompted our decision to pivot from equities to decentralized digital assets. We feel that investFeed’s future should fully embrace the greatest technological breakthrough since the Internet.” With the recent plunge in values, this may or may not be the best time to make the switch. If cryptocurrencies have found a temporary bottom, however, it may be a safe bet after all. Altcoin News New York Tradings Cryptocurrencies Investments Comments Hide Comments Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. Cointelegraph News Top News Recent Editor Recommends Buckle Up: Bitcoin Price Heads For Below $2,000 As August 1 Nears   46982   |     35 Tezos $232 Mln ICO Sparks Fresh Fears For Ethereum Sell-Off   43633   |     11 Ari Paul, Tuur Demeester ‘Look Forward’ To Up To $1k Bitcoin Fees   41527   |     12 Ethereum Price Analysis: July 4 – July 11   31724   |     9 The Brief History of Bubbles   29107   |     15 Micropayment Company Ditches “Outdated Bitcoin” For IoT Technology   1673   |     2 Blockstream Meets BitTorrent: Lightning Micropayments Suggested to CEO Cohen   2201 McAfee Stakes His Name, $10 Mln On Bitcoin Split   4359   |     4 Petya’s Ransom Money Tracked Through Blockchain: Image   3446 Vice President of Marketing from Wargaming.net Joins SkinCoin’s Advisory Board   103 How Bots And Black Marketers Are Influencing Bitcoin Price, Altcoins Value   20669   |     7 Startup Darling EOS Cashes In Millions Of ETH As ICO Scorn Continues   22471   |     14 Investors are Comfortable With Bitcoin, Ethereum: Hong Kong Experts   10338   |     2 Stop Trying To Kill My ICO: Nick Ayton   12720   |     4 Five Big Businesses Leading Bitcoin Charge   19527 Hottest Bitcoin News Daily ×Close Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. ×Close Registration Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully. Confirmation email sent to email address provided. Sign up Already have an account? Log in here ×Close Login Email * Password * Twitter Facebook Log in with Facebook! I forgot my password Login Don’t have an account yet? Sign up About us The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. Site map Catalog Advertise Franchise About us Projects Join Us Events International Sites Bitcoin USA Bitcoin Brasil Bitcoin Slovenia Bitcoin Spain Bitcoin Serbia Bitcoin Japan Franchise Information Terms of services and Privacy policy © Cointelegraph 2013-2017