Fintech startup Plaid has added support for Gemini, Kraken, and Binance.US cryptocurrency exchange accounts to its platform, as well as online brokers Robinhood and SoFi. In the future, Blockchain.com and BitGo will be added to this list.

We now support leading digital asset exchanges on the Plaid network. @BinanceUS, @Gemini, @robinhood & @SoFi with plans to support additional crypto providers such as @Blockchain and @BitGo late this year. 🚀 https://t.co/I1QlXmL8hQ

— Plaid (@plaid) 14 July 2022

Previously, Plaid received integrations with some bitcoin exchanges, notably Coinbase.

With Plaid, users can securely share information such as balances, transactions, and the type of crypto assets they own.

It’s useful for financial planning, tax assessments, and net worth calculations, with the ability to link venture, brokerage, and other investment accounts, from retirement to savings.

“Consumers will have a holistic view of their finances. This move is particularly significant given that around 60% of millennials now own cryptocurrencies. This is another milestone on the road to a more open financial ecosystem.” – said Alain Meyer, head of the Plaid identification division.

Mayer emphasized that transaction flows are read-only. Apps have no potential to steal customer funds. Plaid has a solid due diligence and risk management policy for all partners.

“We want to help bridge the gap between Web2 and Web3 and create tools for developers to do just that”top manager promised.

Recall that in April 2022, Plaid attracted $425 million of investment.

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