CandleFocus Weekly Highlights: Revolut Unveils CFD Platform, eToro Buys Aussie Investing App, and More
2024-09-28
Author: Content Editor
British fintech firm Revolut has launched a standalone platform called Revolut Invest, expanding its wealth management offerings to include contracts for differences (CFDs). The new app offers around 5,000 assets, including stocks, exchange-traded funds, commodities, and bonds. Revolut is first offering CFDs in three European countries: the Czech Republic, Denmark, and Greece. In other news, various brokerage firms in the UK, including Trading Point UK and FxPro UK, released their financial results for the year, with some seeing increases in profit and revenue. Trive Africa has launched CFD trading services for clients in the Middle East and North Africa (MENA) region, and XTB has partnered with football player Zlatan Ibrahimović in a new media campaign. In the cryptocurrency space, Robinhood is considering launching stablecoins, while PayPal has announced support for cryptocurrency for US business account holders. Binance is still serving limited Russian users despite its previous announcement of exiting the Russian market. Jamie Dimon, CEO of JPMorgan Chase, has warned that inflation won't be fading away any time soon. Finally, Kamala Harris has become the subject of conspiracy theories but is engaging in the world of crypto.
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