According to Wealthfront’s official blog, a US financial consulting firm, the request has been accepted for the use of the crypto by its customers on its platform and has therefore added the service connected directly to the Coinbase accounts.
A feature that will allow customers to also monitor their crypto using their Coinbase account.
Wealthfront is an automated investment services company founded by Andy Rachleff and Dan Carroll in 2008 based in Redwood City, California. The company has more than $ 10 billion in assets under management and defines itself as a robo-advisor for investments.
Wealthfront says that thanks to the API (Application Programming Interface) it is possible today to incorporate more and more data every day, in order to have an overview of the investments on the part of the client on his platform and to carry out his work as a consultant in the best way.
Given the strong demand on the crypto, here is that the integration of Coinbase becomes for the platform an opening index towards new emerging assets.
On his blog, the company states:
“We want to help you optimize and automate your finances to ensure you meet your unique financial goals. To achieve this vision, we need to incorporate a complete and constantly updated view of your finances. That’s why improvements, like our new integration with Coinbase, are so important.”
Moreover, as stated, given the expansion of the financial services of the company that manages almost 280,000 customers, Wealthfront is planning to add current and savings accounts by early 2019.
And so, in addition to integration with platforms such as Wealthfront, Coinbase announces the expansion to other 6 new European markets: Andorra, Gibraltar, Iceland, Lithuania, Isle of Man and Guernsey.