YC-Backed Cera Brings Stablecoin-Based U.S. Stock Investing to the Philippinesby Fintech News Philippines October 18, 2023
Cera, a U.S. stock trading platform backed by Y Combinator, has announced its beta launch in the Philippines through a partnership with digital asset custody and infrastructure firm Fireblocks.
The platform allows Filipinos and anyone anywhere in the world to invest in US stocks using stablecoins, such as USD Coin, Tether (USDT), and Binance USD from US$2. Cera also supports investments in fractional shares.
As part of its launch, Cera is offering up to US$50 for new sign-ups that make eligible deposits. The platform also has a referral programme for users who introduce friends to the platform.
The Cera app is available on Google Play and the Apple Store.
“Cera is revolutionising the entryway to the US stock market through a seamless deposit, purchase, and trade process.
We aspire to empower anyone in the world with global investment opportunities, emphasising ease and user fund security. Our partnership with Fireblocks ensures that our users always have control over their investments,”
said Daniel Phan, Product Lead at Cera.