Stacked is a relatively new startup in the cryptocurrency industry that helps people to invest in this type of currency. The company made recent business news by attracting investors and making significant growth and progress for its age. It's showing tremendous potential for becoming one of the next leaders in the cryptocurrency segment of the fintech industry. If you're not yet familiar with this company, here are twenty things you probably didn't know about stacked to bring you up to speed.
1. Stacked provides smart crypto investing for traders
People who are new to trading or who have an interest in getting in on crypto investing have a new avenue to pursue to help them become acquainted with the processes and get active in crypto investing. Stacked's platform provides everything that a novice trader needs to know about crypto-investing through their automated system, according to the official Stacked website.
2. Stacked provides multiple tools for crypto-trading
The automated system for crypto-trading offered by Stacked makes it possible for everyone to invest in cryptocurrency. It provides automated portfolio management as well as access trading bots that help new investors trade in crypto indices. You supply the requested information, make the purchases of cryptocurrency, and automated bots do the rest for you. Trading in cryptocurrency couldn't be easier than through this system. You don't need to be an expert in cryptocurrency or know the definition of all of the associated terms. You learn them as you go.
3. Stacked helps you with pre-made portfolios
Another exciting feature we discovered about Stacked is its smart trading platform that utilizes pre-built portfolios. They gained these strategy plans from traders and leading hedge funds by using their strategies as a blueprint for creating pre-built portfolios. Your assets are managed through the automated system and all investments are instant through this vehicle.
4. Stacked adds a convenient one-stop-shop
Stacked provides a convenient and secure connection to your exchange accounts. It allows you to connect them all in one place. You can manage all of the accounts within your total portfolio from one easy-to-use platform. The system simplifies cryptocurrency trading processes by centralizing them in one location.
5. Stacked is a non-custodial platform
You never need to worry about the use of the Stacked system interfering with your favorite crypto exchanges. It is a non-custodial platform that will not demand you surrender any of your current accounts on other exchanges. it does not touch your assets, but it does give you access to your stack wherever and whenever you desire with 24/7 access.
6. Stacked offers exceptional security for your assets
Your assets are safe with Stacked's platform. It is a safe and secure environment for the management of cryptocurrency assets. Stacked provides all subscribers with an encrypted API that communicates with your exchange account during the execution of trades. This prevents hackers from gaining access to any of your sensitive personal and financial information. You can rest assured that the stacked platform is safe and secure. It exists to execute trades on your behalf, by you remain in charge o the management of your cryptocurrency investments.
7. Stacked has an impressive track record
The notion of putting investments on auto-pilot may not appeal to everyone, but Stacked has established a solid track record for successful investor trading through its automated methods. The auto-pilot platform is catching on with more investors. It's helpful to know that there are currently thousands of investors who have chosen to put their portfolios on the autopilot system through this company. Cryptocurrency trading can be difficult, stressful, and time-consuming when you're doing it the old-fashioned way through manual trading and copious studies of analyst reports. Investors take comfort in knowing that Stacked has secured more than 100 million n connected assets for its clients with over $10 billion in assets traded. More than one million trades are automated through the platform. That's not bad for a company that has only been in business for two years. So far, Stacked has been successful in delivering high on its commitment to serving investor needs and making their cryptocurrency trading experiences easier and more satisfying.
8. Stacked is a versatile startup
According to Crunchbase, Stacked is the more informal and common name used for this new fintech company. It is also called Stacked Invest, and Stacked Labs. The legal name of the entity is Stacked Finance LLC, so all of these names are interchangeable and refer to the same company. Stacked is listed on the internet across three industries for categorization. It is a cryptocurrency enterprise, also classified as an internet-based operation and a fintech company. It falls under three different industries.
9. Stacked is still in its infancy
Stacked has only been in operation for less than two years. The company was founded in 2019 in Chicago, Illinois. The name of the founder is Joel Birch. Stacked has progressed at a tremendous rate, expanding with record speed for a business that is still in its early stages of development. This shows that the public is ready for something new in the investment arena. Stacked has attracted thousands of investors who use the platform to make automated investments and portfolio management through its auto-pilot system that takes the hassle out of investing.
10. Stacked is unique within the cryptocurrency, fintech, and investment industries
Stacked began its operations as a unique business that stands out from its competitors. It has accomplished this by obtaining two registered trademarks in the education, and entertainment categories. Its trademarks for intellectual properties prevent anyone else from copying or using them which gives it an edge over rivals in the fintech and cryptocurrency fields.
11. Stacked is attracting more visitors to its website
For a new company that hasn't been around for long, Stacked is doing quite well in arousing the interest of potential clients. The web traffic reports for the business show that over the past 30 days, there were 76,423 visitors to the website. The number of monthly visitors is impressive and it has resulted in Stacked achieving a ranking of number 400,994 of the millions of websites registered on the world wide web.
12. Stacked is the most popular in the United Kingdom
Although the headquarters for Stacked is located in Chicago, Illinois, USA, it gets the most visits to the website from people who live in the United Kingdom. Twenty-four percent of the web traffic comes from this country. Sixteen percent of the visitors are from Switzerland. The monthly visits growth rate for website visitors from this country has grown by a rate of 1.043.29 percent, which is astronomical. It shows that there is piquing interest in trading cryptocurrency from Swiss residents. Thirteen percent of the web traffic is from Indonesia with a 70.54 percent growth rate, thirteen percent are from the United States with a monthly visits growth of 33.73 percent, and eleven percent of the web traffic is from The Netherlands. This information is useful for showing where the greatest interest in the products and services offered by Stacked exists.
13. The executive team for Stacked is small
We learned that there are three persons on the executive leadership team listed for Stacked. Stephen Beavis is a co-founder who also serves as the chief operating officer for the enterprise. Joel Birch is a co-founder and
, standing at the helm, and leading the company forward. Oliver Blower is listed as a non-executive chairman, but no other information is available about his responsibilities or function within the organization. Although the leadership is a compact group, they've proven their ability to accomplish great progress in growing the new startup.
14. Stacked is a venture capital-backed enterprise
Stacked has participated in three rounds of venture capital fundraising. The most recent round of Series A funding closed on December 5, 2021. The total amount of funds raised from investors is $36.5 million.
15. Stacked has secured investor confidence
The leadership of Stacked has been successful in attracting the attention and support of 10 venture capital investors. These partners believe in the likelihood that Stacked will continue to grow and prosper, and provide them with a healthy return on the funds they've invested in the company. Investors in Stacked include Mirana Ventures, Lunch Code Capital, Alumni Ventures, DRW Venture Capital, Alameda Research, also a lead investor, Fidelity International Strategic Ventures, Jump Capital, Starting Line, CoinFund, and one other investor. The number of investors that have joined in the fundraising efforts, and the millions of dollars raised show that there is high investor confidence in Stacked.
16. Stacked has made one acquisition so far
Stacked acquired a company called Alertatron on January 22, 2021. This is the first and only acquisition that the company has made so far. Alertatron is a company that is similar to Stacked. it provides a platform for digital asset markets and a trading strategy via an automated algorithmic trading service. The company is headquartered in Chicago, Illinois. The purchase of this company serves to expand the Stacked company by adding more services and staff members to the operation, according to Stacked Crypto. The amount paid for Alertatron has not yet been disclosed. It is assumed that Alertatron will continue to function under the umbrella of Stacked as a subsidiary company under the ownership of its parent company. The acquisition is a part of Stacked's strategic growth and expansion plans.
17. Stacked is on a mission
One of the goals that push the mission of Stacked is to democratize investments in cryptocurrency assets. In short, the company strongly desires to open up this avenue of investment and trading to a larger segment of the population. People who are hesitant to get into investing or into cryptocurrency trading now have an avenue that takes the stress and guesswork out of investing with a safe and secure option that protects their assets and takes care of the hard part of investing to ease the fearfulness about making the first move.
18. Stacked plans to grow its operations
According to Techcrunch, Stacked has a current workforce of just forty staff members. The CEO for the company shared with TechCrunch staff that it plans to use some of the most recent funds raised to double its operations. Within the next eight months, it plans to employ 80 persons or more. Before fundraising efforts, Stacked remarkably grew its business without allocating any funds to formal marketing. This is almost unheard of, but the small enterprise pulled it off to become one of the larger cryptocurrency fintech operations in operation today.
19. Stacked is a registered financial advisement firm
Stacked has taken the initiative to pursue formal credentialing in the financial advisement arena. This lends even more credibility to the firm's ability to provide expert advice to potential investors. Stacked's application for status as a registered investment advisor has been approved by the United States Securities and Exchange Commission. This gives it the legal green light to proceed with more product offerings to continue its growth and expansion.
20. Stacked is a privately held enterprise
You won't find shares of Stacked for sale or trading on any of the public stock exchanges. This is because the owners of the company have chosen to remain in operation as a privately owned company. They've not yet filed for an initial public offering. From what we gather from the current news about Stacked, there is no discussion about becoming a publicly-traded entity. Fundraising through private venture capital investors is going so well that there is no need for them to raise funds through selling shares in its company. Stacked is still in its developmental stages of growth, so it's hard to tell if its ownership status will change in the years to come. It's a company that bears watching because of its fast growth and appeal to the masses.
Written by Allen Lee
Read more posts by Allen Lee