Circle Invest Adds Zcash On App
Circle Invest revealed that it has added Zcash to its list of cryptocurrencies offered on its investment platform.
Circle Invest says that its customers “will now be able to enjoy instant purchases, no minimums, and a seamless investing experience”.
The company stated that its mission ”is to democratize access to investing in crypto assets for every consumer. Making the wider breadth of assets available on Circle Invest will continue to be a part of this mission, and of course doing our best to ensure that we bring the crypto without the cryptic to everyone, anywhere.”
The application which was launched just recently was endorsed as an “app that’s actually built around investing, not trends”, and presenting itself as a means which is “cheap and simple to invest in crypto and digital assets”.
The announcement of the application’s launch was made very soon after Circle confirmed it purchased Poloniex in February and, even at that time, the acquisition was suggested to grow the probabilities of future cryptocurrency-related actions and platforms that might appear.
Rachel Mayer, Circle Invest’s senior product manager apparently reported that “Circle has an established working group dedicated to finding the best crypto assets for our customers,” but did not give any details as to why Zcash, in particular, was selected to be put on the list of tokens. She went on to say that a need for coins to be listed is that they must be “consistent with [their] regulatory licensure”.
The blockchain startup also disclosed that this is just one of many interesting announcements to come– so crypto enthusiasts and developers can only expect more announcements from the company in the future.