Crypto trading app Stack raises $2.7 million

Stack (WE Labs), an encrypted trading application for users over the age of 13, announced the completion of $2.7 million in financing. Investors include Madrona, The Venture Collective, Santa Clara Ventures, and several angels and executives in the financial field. The Stack app is able to provide teenagers with access to a dedicated trading environment, upon reaching the age of majority, assets can be transferred over. Stack will limit the assets available on the platform as well as application functionality to protect its users. The platform will initially offer seven cryptocurrencies including BTC, ETH, ADA, SOL, USDC, LTC and MATIC.