Online brokerage M1 Finance to launch crypto trading accounts
— Accounts, Crypto, Online, Asset, Brokerage, Trading, Pies, Firm, Stated, Launch — 1 min read
M1 Finance is set to launch crypto trading accounts and trading services over the next few weeks. The Chicago-based company claims to have more than $5 billion worth of assets under management. The firm will initially support ten crypto assets such as Bitcoin (BTC), Ether (ETH), and “other large-cap liquid crypto assets” The firm also offers its own-curated and automated Pies, which provide exposure to a variety of stocks as a way to invest passively. One of M1's key offerings is Pie-based investing, which essentially allows users to create a portfolio of “Pies” in which each asset and its exposure percentage is represented as a slice on a Pie graph. The service is backed by algorithmic software. Source