Plaid adds integrations with Gemini, Kraken and Binance.US

The fintech startup Plaid has added to its platform support for cryptocurrency exchange accounts at Gemini, Kraken and Binance.US, as well as online brokers Robinhood and SoFi. In the future this list will be expanded with Blockchain.com and BitGo.

We now support leading digital asset exchanges on the Plaid network, including @BinanceUS, @Gemini, @Robinhood & @SoFi with plans to support additional crypto providers like @Blockchain and @BitGo later this year. 🚀 https://t.co/I1QlXmL8hQ

— Plaid (@Plaid) July 14, 2022

Earlier Plaid gained integration with some Bitcoin exchanges, most notably Coinbase.

With Plaid, users can securely share information such as balances, transactions, and the types of crypto assets they hold.

The initiative supports financial planning, tax assessment, and net-worth calculation, with the ability to connect to other investment accounts—from brokerage and retirement to savings.

«У потребителей появится целостное представление о своих финансах. Этот шаг особенно важен, учитывая, что сейчас примерно 60% миллениалов владеют криптовалютой. Это еще один этап на пути к более открытой финансовой экосистеме», — заявил глава отдела идентификации Plaid Ален Майер.

Mayer stressed that transaction streams are read-only. The apps do not have the potential to access client funds. Plaid applies a robust policy of due diligence and risk management for all partners.

«We want to help bridge the gap between Web2 and Web3 and build tools for developers who can do this», — promised a senior executive.

Back in April 2022, Plaid привлек $425 млн инвестиций.

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