GoTyme Bank as introduced a new crypto investment feature for its users in the Philippines.
The launch is facilitated through a partnership with Alpaca, a global brokerage infrastructure provider.
The new service, GoTyme Crypto, allows customers to invest in 11 different cryptocurrencies. They include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Powered by Alpaca’s Broker API, the feature is integrated directly into the GoTyme Bank app. Users can fund their dedicated crypto accounts using their existing GoTyme Bank Everyday current accounts.
Nate Clarke, President and CEO of GoTyme Bank, stated that the launch is a step towards empowering Filipinos to unlock their financial potential.
“By partnering with Alpaca, we’re bringing global expertise to local customers, ensuring they have the tools to confidently participate in the digital economy,” Clarke said.
The initiative targets a significant market in the Philippines, where digital asset adoption is rising.
According to the company, approximately 10% of Filipinos currently use cryptocurrency, with user numbers projected to reach nearly 12.8 million by 2026.
Yoshi Yokokawa, CEO of Alpaca, expressed support for the collaboration, highlighting the Philippines as an early adopter of digital assets.
“We’re excited that with Alpaca, GoTyme Bank is enabling millions of Filipinos to confidently build wealth and participate in the global digital economy,” Yokokawa said.
Featured image by user31947721 via Freepik.
