Koho Launches Cryptocurrency Offering with Ndax Partnership

Koho Financial, a Toronto-based FinTech firm, has introduced a cryptocurrency offering in its money management app. The feature allows users to buy, hold, and manage digital assets, including popular cryptocurrencies like Bitcoin and Ethereum.

The partnership with regulated exchange Ndax provides the trading infrastructure and custodian services for Koho's cryptocurrency offerings. This means that users can purchase over 20 cryptocurrencies with their Koho balance without the need for separate accounts or transfers.

Koho CEO Daniel Eberhard notes that access has been a significant barrier to entry for Canadians wanting to explore digital assets. By integrating crypto into its core ecosystem, Koho aims to make it more practical and accessible to users who want to build wealth in a flexible way.