Domain Money not only uses the know-how obtained at Goldman Sachs, Morgan Stanley, and Bridgewater, but is also advised by big names such as ex-CFTC Chairman Christopher Giancarlo, renowned historian Niall Ferguson from Hoover Institution, and Do Kwan, founder of Terra Network.
Adam Dell, the former Head of Product at Marcus by Goldman Sachs, has launched a new trading platform, Domain Money.
Covering both stocks and crypto, the wealth-building platform features actively managed investment strategies, real-time market intelligence, a proprietary social sentiment tool, and live customer agents.
The New York-headquartered challenger was developed by members of the team behind Marcus with the goal of giving serious investors more control and access to trading of both stocks and crypto.
To fuel business expansion and further development of the proprietary technology, Domain Money has raised $33 million from Bessemer Ventures, Maveron, RRE Ventures, SV Angel, Marc Benioff, and Joe Lonsdale.
Adam Dell, Founder and CEO of Domain Money, commented: “Domain Money’s mission is to build our customer’s wealth. Our team utilizes time-tested investment strategies to build diversified growth-oriented portfolios for new and seasoned investors alike.
“Investors are looking for access to diverse asset classes, along with security, transparency, and the power to be in control of their finances. We developed Domain Money to provide investors a sophisticated, intuitive, and holistic platform to invest in crypto, not as a novelty, but as a core component of their portfolios.”
Domain Money not only uses the know-how obtained at Goldman Sachs, Morgan Stanley, and Bridgewater, but is also advised by big names such as ex-CFTC Chairman Christopher Giancarlo, renowned historian Niall Ferguson from Hoover Institution, and Do Kwan, founder of Terra Network.
The trading platform aims to help investors – retail, experienced, and professional – to improve their chances in crypto and stocks by providing both self-directed trading and turnkey actively managed investment strategies.
Domain Money’s actively managed investment strategies comprise both stocks and crypto and are managed by an expert investment team that comes out of Goldman Sachs, Morgan Stanley and Bridgewater Associates.
The trading platform allows users to invest in both stocks and cryptocurrencies, earn interest on their assets, borrow against them and spend with a cryptocurrency rewards credit card – all in one place.
Prior to founding Domain Money, Adam Dell was Head of Product at Marcus by Goldman Sachs for three years after having created Clarity Money, a platform providing market insights which was acquired by Goldman Sachs and integrated into Marcus.
