Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks.
Expanding Cash App
Citing a source familiar with the matter, Bloomberg reported on Sept. 12 that the San Francisco-based startup’s employees began testing the new feature in recent weeks. Once released, it will allow Cash App users to make free stock trades.
Square has reportedly not yet determined the exact date of the new option launch.
Cash App and crypto
Square made Bitcoin (BTC) deposits available on Cash App in late June. At the time, deposits were limited to $10,000 worth of Bitcoin in a seven day period, while transfers could take several hours to be confirmed on the blockchain.
In July, Cash App announced a giveaway of $50,000 worth of BTC…