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