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Yieldstreet’s Crypto Wallet Helps Investors Store and Convert Bitcoin and Ethereum

NEW YORK–(BUSINESS WIRE)–Yieldstreet, an alternative investment platform that has funded over $3 billion in private market opportunities since its inception, is launching a crypto wallet, a tool that allows investors to deposit Bitcoin and Ethereum with the ability to seamlessly convert them into fiat currency to invest in Yieldstreet offerings.

“The Yieldstreet Crypto Wallet can allow you to securely store and – most importantly – quickly convert cryptocurrency. At Yieldstreet, we believe that investors who own Bitcoin or Ethereum1 – and potentially a few more cryptocurrencies in the future – should have the ability to deposit them as they would fiat currency and should not have to go to third parties for conversion if they decide to diversify further crypto and investing in other alternative assets,” said Michael Weisz, Founder and Chairman of Yieldstreet.

Investors who wish to deposit their Bitcoin or Ethereum on Yieldstreet can create a specific crypto wallet and use their Yieldstreet wallet address to transfer funds from other exchanges or from their personal crypto wallets, a widely used industry protocol. The currency will be stored in a secure account managed by a custodian.

The portfolio can be used to invest in Yieldstreet’s offerings, across a wide range of alternative asset classes, including opportunities for exposure to digital assets through third-party funds. Subject to approval of an investment request, Yieldstreet will automatically convert to USD via a trusted third party.

About Yieldstreet

Yieldstreet is reinventing wealth creation by providing access to alternative investments previously reserved for institutional investors and the ultra-rich. Yieldstreet’s mission is to help millions of people generate $3 billion in income outside of traditional public markets by 2025. Its award-winning technology platform provides access to investment products across a range of investment classes. assets such as real estate, commerce, consumption, art, law. Finance, venture capital and private equity. Since its inception in 2015, Yieldstreet has funded over $3 billion in investments and is committed to making financial products more inclusive by creating a modern investment portfolio. The company, headquartered in New York with offices in Brazil, Greece and Malta, is backed by leading venture capital firms. Join the movement at www.yieldstreet.com.


1 Together, Bitcoin and Ethereum account for 70% of the cryptocurrency market, as of November 2021.

contacts

Corey Law

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