Plaid Adds Support for Gemini, Kraken and Binance.US
Fintech startup Plaid has recently added support for Gemini, Kraken and Binance.US accounts, as well as Robinhood and SoFi online brokers, to its platform.
In the future, Blockchain.com and BitGo will be added to this list.
Plaid had previously received integration with some crypto exchanges, including Coinbase.
Plaid allows users to securely share information such as balances, transactions and the type of crypto assets they hold.
The initiative is useful for financial planning, tax assessments, and net worth calculations, with the ability to connect to other investment accounts, from brokerage and retirement to savings.
Alain Meier, head of identity at Plaid, has commented:
“Consumers will have a holistic view of their finances. This move is especially significant given that roughly 60% of millennials now own cryptocurrencies. This is another step towards a more open financial ecosystem.”
