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SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees

drivewealth crypto
  • February 14, 2022
  • Crypto, Insights

DriveWealth, a start-up helping fintech firms offer stocks, is looking to expand into crypto trading after being valued at $2.85B. The company will be launching two subsidiaries to handle and execute trades.  DriveWealth looks to differentiate itself from consumer-facing firms including Coinbase and Robinhood by being a behind-the-scenes player and owning an end-to-end crypto-trading system.  The company recently acquired Crypto-Systems to enable bitcoin and ethereum trading by April or May.

SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees

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