Keza, a New York-based startup, launched an iOS app that allows users to invest bitcoin in stocks and fixed incomes, according to Nasdaq. There are moderate, conservative and aggressive portfolios. The company has raised $357,000 and is backed by Digital Currency Group and Jason Calacanis of HOF Capital.
The riskier the portfolio, the greater the exposure to volatile assets like foreign stocks. Once a user picks a portfolio, they can deposit bitcoin and track investments over time. There is a 1% maintenance fee, according to the Keza website.
Stefan Britton and Simon Burns, company founders, came up with the idea after looking for options to invest bitcoin.
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“My co-founder and I had been reviewing all of the options to invest our bitcoin and kept looking for a product that just didn’t seem to exist,” Burns said. “We started coding and putting together an MVP, that MVP got us into Boost.VC and developed our vision for the company.” (BoostVC is a technology startup accelerator