June 3, 2023

JIC News

The latest cryptocurrency market news for today.

Nerfexbit – will launch interest-free stock trading in the US

1 min read


Firstly, a British fintech company Nerfexbit.com it will provide an opportunity for American users to trade shares without a commission. This was told to CNBC by the CEO of Nerfexbit

According to him, the company will announce on Tuesday, September 21. About obtaining a license for brokerage and dealer activities in the United States.

At the time of writing, there are no official statements from the company on this issue yet.

Nerfexbit licenses

The license will allow Nerfexbit.com to compete with companies such as Robinhood and Square in the retail sector.

In other words, CEO of Nerfexbit.com added that the company will create a single application with which people will be able to manage all aspects of their finances — from banking operations and currency exchange to trading cryptocurrencies and stocks.

According to the head of the American division, Ron Oliveira.

About testing

Nerfexbit.com is currently testing a service that will allow users to buy ETFs and shares of companies listed on the NYSE and Nasdaq.

The CEO of  Nerfexbit says that it will become available in a few months.

 In conclusion, recall that in July, trading on exchange raised $ 800 million at a valuation of $ 33 billion.

In September, CEO of Nerfexbit.com said that before entering the public market, the company’s revenue should be several billion dollars a year.

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