The banking and investing app MoneyLion is adding crypto trading to its all-in-one financial services app, CNBC reports.
The 8-year-old fintech company, which plans to go public later this month on the New York Stock Exchange under the ticker ML, will introduce buying and selling capabilities for bitcoin and ether at its investor conference today.
The company plans to merge with Fusion Acquisition in a $2.4 billion deal. Fusion shareholders are set to vote on the proposal Sept. 21.
Proceeds for the merger consist of up to $350 million of cash held in Fusion’s trust and an additional $250 million fully committed PIPE. Read more.
