NEW YORK--(BUSINESS WIRE)--Stocktwits, the original social platform for investors and traders across all asset classes including stocks, crypto, and other emerging investments, today announced that they are launching Crypto trading on the platform as their first trading feature. The new trading capability will allow users to execute on trades that they are actively engaged with while staying native to the Stocktwits platform.
As Stocktwits reimagines financial media, tools, and services for the next generation of investors, crypto is becoming a central component of those services. In 2021 alone, Crypto adoption has increased 880%. As this trend continues, the new execution feature on the platform will allow Stocktwits’ users to invest alongside the communities they have built through Stocktwits’ social channels.
“Stocktwits has built an active community since 2008 through our data tools and social features. The community and data have served as a strong on-ramp into the platform, but the addition of execution on the platform is a key product expansion that will help us to better serve our users,” said Rishi Khanna, CEO of Stocktwits.
While the Stocktwits platform has historically focused on hosting conversations surrounding stocks, the expansion to include execution through trading capabilities is poised to meet increased investor interest in alternative assets like cryptocurrency. Through quality data and stronger context surrounding coins and stocks, Stocktwits is able to provide more value to users within the rapidly growing individual investing landscape as they execute trades within one platform.
Stocktwits has more than 6M registered users and reaches over 5M users on the platform monthly. The team anticipates that the platform will continue to grow as they expand on execution functions on the platform and prioritize access to quality data for alternative assets that previously were not available for the average user.
About Stocktwits
Stocktwits unlocks the social nature of investing for individual investors. Powered by its mission to be the global hub for conversation for all investors - from novice to veterans - Stocktwits is dedicated to providing a steady pulse on the markets and encouraging access for all.
The company is headquartered in New York and investors include Alameda Research Ventures, ffVC, Foundry Group, Social Leverage, Times Bridge, and True Ventures.
Visit www.stocktwits.com to learn more.
