Swiss bank Post Finance has gained the endorsement of Charles Hoskinson, the founder of Cardano, for its addition of Cardano and other cryptocurrencies to its trading and custody services. Hoskinson praised Post Finance for its early support during his time with Ethereum and its recent expansion into the cryptocurrency market by offering trading and custody for Avalanche, Cardano, Polkadot, XRP, and Solana. The move aligns with Post Finance’s history of supporting digital assets. The endorsement received mixed reactions from the crypto community, with some viewing it positively and others expressing concerns. Post Finance had previously announced its shift towards embracing digital assets, allowing customers to purchase and store cryptocurrencies and establish a crypto saving plan. Hoskinson emphasized Cardano’s global mission and transformative potential rather than its market valuation. The price of Cardano (ADA) saw a slight increase, reflecting its dynamic market presence. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic does not take responsibility for any financial losses.
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