EarlyBird goes crypto with Gemini as families look out for their children

Rick Steves

The wealth management platform for kids launched in December 2020 and has served tens of thousands of families who looked to invest in their children.

EarlyBird has gone crypto in order to allow parents will to add Bitcoin and Ethereum to the portfolio they manage for their children.

The wealth management platform, which makes it easy for parents, family, and friends to collectively invest in a child’s future, launched EarlyBird Crypto.

The announcement follows a $4M seed funding round led by Alexis Ohanian’s Seven Seven Six and with strategic participation from digital asset platform, Gemini, through their Frontier Fund.

Gemini, which is led by the famous Winklevoss twins and is a major digital asset exchange based in the United States, serves as the custodian for EarlyBird Crypto, providing institutional-grade security to families investing on the platform.

Crypto is part of a modern portfolio

Marshall Beard, Head of Strategy at Gemini, commented: “As the digital asset ecosystem continues to grow and develop, solutions like EarlyBird will become increasingly important to providing the personal and financial freedom that digital assets represent. Gemini’s unique platform enables us to support those building the future of digital asset investment through both strategic investments and our product offering.”

Jordan Wexler, CEO and Co-Founder of EarlyBird, said: “As children grow up, a sense of financial security can completely change the way they think about what’s possible – they have the privilege of taking risks. Educating and exposing families as early as possible to the asset classes of a modern portfolio, while simultaneously engaging a child’s community, creates compounding impact for that child and for the generations to come.”

EarlyBird Crypto will open later this year for parents who sign up now. First users will get a $25 sign-up bonus and an eight-part educational email series.

The wealth management platform for kids launched in December 2020 and has served tens of thousands of families who looked to invest in their children.

In minutes, parents set up an account, choose from a range of diversified portfolios, set a recurring investment, and invite friends and family to make contributions.

 

 

Read this next

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

<