Cera, a US stock trading platform backed by Y Combinator, in partnership with Fireblocks, announced its Beta launch, allowing Filipinos and anyone anywhere in the world to invest in US stocks using stablecoins.
Founded in 2022, Cera is the first stock trading platform that takes deposits via stablecoins. Cera believes in the convenience and global accessibility of stablecoins, and aims to provide everyone in the world an equal opportunity to grow their wealth, starting with investing in the US stock market.
These include stablecoins such as USD Coin, Tether (USDT), and Binance USD. Each of these coins is pegged to a value of $1, ensuring stability and eliminating the hassle of complex account setups and international transactions.
The app, which is available now for download on both Android and iOS, allows users to buy and trade a wide range of stocks, including energy companies, healthcare providers, and tech giants such as Tesla Inc. (TSLA), Apple Inc. (AAPL), and Microsoft Corporation (MSFT).
“Cera is revolutionizing the entryway to the US stock market through a seamless deposit, purchase, and trade process,” Cera’s Product Lead, Daniel Phan said. “Our core values of stability, transparency, and accessibility ensure that diverse global communities including Filipinos can confidently engage with the market.”
Cera’s platform makes the US stock market accessible as it allows investing as little as $2. The platform supports investments in fractional shares, offering increased flexibility to users.
As part of its launch, for a limited time, Cera offers up to $50 for new sign-ups that make eligible deposits. Their attractive referral program is also available for users who introduce friends to the platform.
“We aspire to empower anyone in the world with global investment opportunities, emphasizing ease and user fund security. Our partnership with Fireblocks ensures that our users always have control over their investments,” Phan said.