InvestHealthQ: Hi, We saw crypto has been mentioned, what are your plans to include crypto?
Will it be available free in the current offering when available?
And what type of features could crypto traders and investors expect to see by using Skyblue Analytics and is it reasonable to expect that crypto becomes available?
Seb_SkyblueAnalytics
May 15, 2024A: Hi InvestHealth,
Thank you for your questions. Crypto was mentioned in the publication because our integrated broker, TradeStation, previously offered crypto trading. However, they have recently discontinued their crypto services. While I cannot speak on their behalf, I understood that they cited the uncertain regulatory environment surrounding crypto, and the increasing availability of crypto-related ETFs, which offer alternative, more regulated investment options in crypto, as some of the reasons for their decision.
That said, we recognize the interest traders have in crypto and are considering the inclusion of crypto-related investment tools or adapting existing ones for crypto use in the future. These tools would of course be accessible through this deal. We plan to offer crypto related tools in 9 months from now.
Best regards,
Seb.