Investors Will Soon be Able to Buy Stocks With Bitcoin, Crypto Industry is Highly Optimistic

Tony "The Bull" Severino

Last Updated: March 11, 2019 8:36 pm

3 mins read

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Part of the appeal of crypto and Bitcoin is that it allows investors to very easily buy into an asset, whereas investing in publicly-traded stocks often requires an investor become accredited first, or invest a substantial minimum amount to get started.

Popular crypto investing app Abra has announced they will be offering a way to use Bitcoin to collateralize stock and ETF contracts, enabling investors to invest in stocks that otherwise might not be available to them. The news already has the industry buzzing about the potential implications of Bitcoin used as a bridge into traditional assets.

Abra Launches Investing in Stocks and ETFs Using Bitcoin

Crypto investing app Abra has announced that investors can soon invest in “stocks, ETFs, commodities, cryptocurrencies, and fiat currencies,” all using one app.

The app is available in 155 countries. Abra intends to start with “popular US stocks and ETFs,” but will add more global assets in the future.

Like investing in Bitcoin itself, Abra’s new options require just a $5 minimum and the company is charging zero fees on trading traditional assets during 2019 for those that sign up for early access.

Abra’s stocks and ETFs will be offered through crypto-collateralized contracts using Bitcoin. An investor will need to own Bitcoin to use as collateral in order to gain exposure to another asset – stock, bond, ETF, and more – and when the contract is settled, the new value of the asset will be converted back into Bitcoin holdings.

Crypto Industry Optimistic Over Bitcoin Involvement

Following Abra’s announcement, “crypto Twitter” began discussing the implications the news has on the crypto industry and on the future of Bitcoin. The collective comments from top industry figures shows just how optimistic the industry is over Bitcoin’s use as a settlement layer enabling exposure into more traditional investment assets.

https://twitter.com/twobitidiot/status/1093148861567287296

Ryan Selkis, the founder of Messari – a brand recently at the center of an XRP market cap controversy – believes that the news is “much, much bigger news” than the Bitcoin Lightning “torch” that swept Twitter over the past couple of days, even attracting the attention of Twitter and Square CEO Jack Dorsey.

Morgan Creek Digital founder Anthony Pompliano commented that it’s now no longer an “if, but rather a when,” referring to the inevitable tokenization of stocks, bonds, commodities and more that analysts believe could occur thanks to the emergence of crypto.

This is HUGE!!!!!!!!!!!!!!!! All #bitcoin-based!!!!!! Kudos to @billbarhydt & team for lassoing traditional financial assets into Bitcoin, instead of trying to pigeonhole Bitcoin into the status quo—as so many other #crypto companies are doing. Best wishes for tremendous success! https://t.co/ZXs0lhqs8Z

— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) February 6, 2019

Both Atlantic Financial CEO Bruce Fenton and co-founder of the Wyoming Blockchain Coalition Caitlin Long called the news “huge.” Long later added that it “expands the BTC owner universe” by opening up stocks to people in countries with low economic activity who otherwise wouldn’t be able to buy into these traditional assets.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.