Independent financial services consultancy deVere Group has revealed plans to launch a cryptocurrency app, citing a soaring global demand for digital currencies.
Named deVere Crypto, the new app will enable users to store, transfer and exchange five major cryptocurrencies – including Bitcoin and Ethereum. The app, which will be available on both Apple and Android devices, is due to launch in a matter of weeks.
Nigel Green, founder and CEO of deVere Group, commented: “2017 saw the true dawn of the financial technology era. FinTech is already fundamentally changing the way we access, manage and use money – and the changes are coming quicker than ever before due to improving technologies and growing demand.
“Nothing has captured the imagination in this new FinTech age quite like cryptocurrencies, specifically Bitcoin. No one was really talking about it back in 2016. But those who invested in Bitcoin before the beginning of last year have enjoyed an impressive price increase.
“Traditionalists who declare cryptocurrencies ‘a fad’ are akin to King Canute trying to command the tides of the sea to go back,” he argued. “deVere Crypto is designed to meet the growing need and want to store and transfer cryptocurrencies. It’s meeting the evident demand.”
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