Investing has become mandatory for those who want to secure their financial future. There are very few options for people who want to put their money into work, despite this need. Akt.io will change this and democratize the world of investing.

Why do you need to invest?

With current accounts offering zero returns and savings accounts offering close to zero returns, investing has become mandatory if you don’t want inflation to chew up your financial future. The problem with investing is that it is scary and carries a lot of risk.

Despite the plethora of investment platforms on the market today, investing remains for those who know how to navigate this world with confidence and actually make a profit from the bets they make. This is not about investing in stocks or traditional assets. As you add newer asset classes to your mix, like crypto and crypto staking (or other investments), the gap between investors who can access and profit from investments will widen.

Then you also have the problem of choosing between growth and spending. Even those who are experts in investing face the dilemma of whether their money will grow or be able to pay for it.

Considering the fact that all people would like their money to grow, with a global wealth management market estimated to be worth over $75 trillion, should it have to be this difficult to put money to work?

A fintech challenger sees an opportunity

The fintech company Automata was founded by Gael Itier in 2017. Gael Itier is a French Computer Scientist. He graduated from Ecole Polytechnique. At the time, he was working at a German Neobank. He developed trading algorithms and established and grew the wealth management department. Gael realized that the same algorithmic trading that was used to manage high-net-worth clients’ investment portfolios could be applied to retail markets, when combined with fractional investments and assets.

The motivation for Gael was to democratize the world of investing and offer investment solutions that would help clients grow their wealth and have it working for them at all times, while at the same time keeping it accessible for payments.

In 2018 Automata Network Ltd. was incorporated in the UK. Based on their success with traditional financial markets, the company developed a robo-advisor to the crypto market. This year, the team also began the process of combining advanced wealth management tools such as algorithmic trading or crypto staking with payment services.

The team realizes that in order to bridge the gap between the investment solutions they want to offer, and make it possible to easily liquidate the invested capital, they need an asset exchange able to execute very rapid fractional exchanges between a variety of asset classes on the same platform. The team develops a multi-route asset exchange called the WealthHub. This is the heart of their investment platform.

The WealthHub technology they develop is powered by a proprietary algorithm that’s created in-house by Gael and his team. It allows users to exchange assets almost immediately between all of the asset providers that are connected to it. Users will be able make fractional trades between different investments and assets, such as crypto, shares and crypto lending platforms.

Thanks to the Akt.io WealthHub, the scope of possibilities grows rapidly and by signing a partnership deal with an international payment service provider, users will soon be able to directly pay with any owned asset, with an automated exchange taking place in a few seconds between the asset and the currency requested by the merchant.

The goal is to make it possible for users to pay with money that’s always working for them and essentially, head down to Starbucks and pay for a coffee with crypto, gold or any investment they prefer.

In 2020 rebranded itself to Akt.io and after years of development the wealth app will soon be available for users in key European markets. Akt.io will during the fall of 2021 launch their Aktio Coin ICO that will be the final step before the wealth app launches in 2022.

The team said: “It’s been a long and challenging ride but even though winter is approaching rapidly, we can all see the light at the end of the tunnel. Because after years of development we hope that we have found the solution for the millions of retail investors who until this day have not been able to access the most effective tools for securing their financial future.”

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Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or related to the use or reliance of any content, goods, or services in this article.

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