Crypto friendly Xapo Bank launches stocks investment feature

Published by
City AM
City AM
By Darren Parkin Xapo Bank has today launched a stocks investment feature within the new ‘Wealth’ section of its mobile app, expanding accessible investment options for non-US members by allowing them to invest in S&P 100 stocks. The move means Gibraltar-based Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin and stablecoins, can offer non-US members fractional or whole investments in over 100 blue chip stocks with as little as $10. It comes with a competitive annual interest rate of 4.1% on USD deposits, as well as 1% on Bitcoin deposits. “At Xapo Bank,…