Mode Global Holdings PLC - London-based bitcoin banking app - Announces addition of new cryptoassets to platform. Ethereum is now available to buy and sell for all Mode app users, while Solana and Polkadot will follow in the next two weeks.
Up to ten new crypto assets will be added to the platform in a phased approach. Users will be able to trade these new tokens with Bitcoin, a long-standing cryptoasset. Mode said that slowly adding these tokens would allow users to set their risk appetite and engage more broadly.
Chief Executive Officer Rita Liu says: "Now that our product set is established, and we've evolved, we feel it's the right time to add a more diverse line up of tokens. When investing in traditional fiat currency, diversifying a portfolio is important to help spread risk and crypto is no different, so we're delighted to be able to offer more cryptoassets to Mode users."
Current stock price: 3.70 pence, down 5.1% on Thursday in London
12-month change: down 90%
By Holly Beveridge; hollybeveridge@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
R8 Capital Inv (MODE)