Money management app Money Dashboard and cryptocurrency wallet CoinBase have teamed up to allow users to see their cryptocurrency wallets alongside their other accounts.

Users can now track the value of their crypto holdings in real-time alongside all the other current, credit and saving accounts they hold with any bank via Money Dashboard’s app.

The platform connects to over 60 financial institutions, including challenger banks Monzo and Starling, to help keep track of spending and track financial goals. A statement explained that adding crypto is part of an ongoing roadmap to connect users’ full financial portfolio, so they can get a holistic view of their finances.

Money Dashboard is currently crowdfunding and secured over £2 million investment in under 24 hours when its campaign went live last week, hitting the £1.5 million target in under 45 minutes of launching. The company also recently hired former Revolut chief financial officer Peter O'Higgins

Tim Shields, Money Dashboard’s chief technology officer, said: “With over £13 million collectively deposited by Money Dashboard users in Coinbase since 2017. it was a no-brainer to create that connection for our loyal users as soon as possible.”

Chief executive Steve Tigar added that despite the well-documented volatility in the cryptocurrency market, the demand for various crypto assets remains strong, with more than three million people in the UK having now bought crypto. “It’s a fascinating market trend and one that is indicative of a broader shake-up in retail banking globally.”

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