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Scalable Capital offers crypto trading to German clients

Germany1Digital wealth manager Scalable Capital has launched a crypto trading service in Germany.

The ‘Scalable Crypto’ service is available to existing users and offers crypto holdings via ETFs managed by crypto investment manager CoinShares.

The ETFs are listed on German exchanges Xetra and gettex.

Scalable Capital will offer its users a dashboard so that they can see real-time price information on cryptocurrencies.

“Crypto currencies are well established as an asset class in a balanced portfolio,” said Erik Podzuweit, co-founder and c-CEO of Scalable Capital. . “The expansion is the next stage in our journey to become Europe's leading digital investment platform."

The move comes six months after Scalable Capital raised €150 million in a Series E funding round led by Chinese ecommerce giant Tencent.

© 2021 fundsTech

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