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Online brokerage M1 Finance to launch crypto trading accounts

Accounts, Crypto, Online, Asset, Brokerage, Trading, Pies, Firm, Stated, Launch1 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

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