Domain Money launches stocks and crypto platform with Goldman Sachs know how

Rick Steves

Domain Money not only uses the know-how obtained at Goldman Sachs, Morgan Stanley, and Bridgewater, but is also advised by big names such as ex-CFTC Chairman Christopher Giancarlo, renowned historian Niall Ferguson from Hoover Institution, and Do Kwan, founder of Terra Network.

Adam Dell, the former Head of Product at Marcus by Goldman Sachs, has launched a new trading platform, Domain Money.

Covering both stocks and crypto, the wealth-building platform features actively managed investment strategies, real-time market intelligence, a proprietary social sentiment tool, and live customer agents.

Advised by ex-CFTC Giancarlo, Niall Ferguson, and Do Kwan

The New York-headquartered challenger was developed by members of the team behind Marcus with the goal of giving serious investors more control and access to trading of both stocks and crypto.

To fuel business expansion and further development of the proprietary technology, Domain Money has raised $33 million from Bessemer Ventures, Maveron, RRE Ventures, SV Angel, Marc Benioff, and Joe Lonsdale.

Adam Dell, Founder and CEO of Domain Money, commented: “Domain Money’s mission is to build our customer’s wealth. Our team utilizes time-tested investment strategies to build diversified growth-oriented portfolios for new and seasoned investors alike.

“Investors are looking for access to diverse asset classes, along with security, transparency, and the power to be in control of their finances. We developed Domain Money to provide investors a sophisticated, intuitive, and holistic platform to invest in crypto, not as a novelty, but as a core component of their portfolios.”

Domain Money not only uses the know-how obtained at Goldman Sachs, Morgan Stanley, and Bridgewater, but is also advised by big names such as ex-CFTC Chairman Christopher Giancarlo, renowned historian Niall Ferguson from Hoover Institution, and Do Kwan, founder of Terra Network.

The trading platform aims to help investors – retail, experienced, and professional – to improve their chances in crypto and stocks by providing both self-directed trading and turnkey actively managed investment strategies.

Domain Money’s actively managed investment strategies comprise both stocks and crypto and are managed by an expert investment team that comes out of Goldman Sachs, Morgan Stanley and Bridgewater Associates.

The trading platform allows users to invest in both stocks and cryptocurrencies, earn interest on their assets, borrow against them and spend with a cryptocurrency rewards credit card – all in one place.

Prior to founding Domain Money, Adam Dell was Head of Product at Marcus by Goldman Sachs for three years after having created Clarity Money, a platform providing market insights which was acquired by Goldman Sachs and integrated into Marcus.

Read this next

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

<