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Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors

28 May Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors

Posted at 05:30h in Cryptocurrency News by

Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors

Popular demand for cryptocurrency has prompted Australia’s leading micro-investing platform Raiz (formerly Acorns) to add a bitcoin investment option. Individual investors can round up their spare change and regularly invest in a bitcoin investment portfolio.

Leading Australian Micro-Investing App Now Offers Bitcoin Exposure

Australia’s leading micro-investing platform Raiz announced on Tuesday that it has launched a portfolio with a bitcoin allocation. The new portfolio, called Sapphire, took 18 months to develop. Its investment objective “is to provide exposure to bitcoin in a managed, risk-adjusted way,” the company described. Raiz CEO George Lucas commented:

Although this latest portfolio offering from Raiz is very high risk, feedback from many customers has clearly shown that they have an appetite for an investment strategy that has an exposure to cryptocurrencies.

Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors
Raiz’s investing platform and app.

“Many of our investors are millennials,” Raiz noted, adding that…

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