Share this article
Fintech App Titan Adds Actively Managed Crypto Basket
Titan Crypto will feature a basket of cryptocurrencies including BTC, ETH, XLM and ADA.
Updated May 9, 2023, 3:22 a.m. Published Aug 11, 2021, 3:01 p.m.
Mobile investment platform Titan is getting into the crypto game.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company, which describes itself as a “Fidelity for millennials and Gen Z,” currently offers three “strategies” – Titan’s version of an index fund – for investors to gain exposure to the stock market. It manages approximately $500 million for over 30,000 clients.
But with its new product, Titan Crypto, the investing app is expanding its offerings into the crypto realm with a basket of leading coins. Titan’s actively managed crypto offering will feature a collection of five to 10 cryptocurrencies that, according to Titan co-CEO Clay Gardner, will include bitcoin and ether as well as altcoins like Cardano’s ADA and Stellar’s XLM.
As cryptocurrencies become more mainstream, retail investors are clamoring to get involved. But for some, the process of setting up a wallet and navigating the crypto ecosystem can be overwhelming. User-friendly investing platforms like Robinhood, PayPal and now Titan have sprung up offering various levels of crypto exposure to crypto-curious retail investors.
Titan Crypto’s investment team, led by analyst Gritt Trakulhoon, will make monthly adjustments to the allocations and coins contained in the crypto portfolio based on performance.
Titan did not tell CoinDesk where the actual crypto would be custodied. (For example, PayPal uses Paxos to power its crypto services.)
Gardner told CoinDesk that over time, Titan hopes to expand its crypto offerings to include decentralized finance (DeFi) tokens as well as add more features for users including staking and lending.
In July, Titan raised $58 million in a Series B funding round led by Andreessen Horowitz (a16z), a venture capital firm known for its crypto investments. Anish Acharya, a general partner at a16z, joined Titan’s board of directors.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Sberbank issues Russia's first crypto-backed loan to bitcoin miner Intelion Data
Sberbank used its in-house crypto custody tool to back a loan for mining firm Intelion Data, signaling broader interest in crypto lending.
What to know:
- Sberbank issued Russia's first bitcoin-backed loan to a major bitcoin miner, marking a pilot transaction with potential for future expansion.
- The loan utilized Sberbank's crypto custody product, Rutoken, to secure the bitcoin collateral, ensuring asset safety.
- Sberbank is exploring decentralized finance instruments and supports the gradual legalization of cryptocurrencies in Russia.
Top Stories
