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BRD CEO: COVID-19 Spurs Crypto Adoption

Amy Liu

Summary: The Swiss operator of the BRD crypto wallet claims it has in excess of six million users worldwide, with much of its growth coming from users based in India and the Latin America region – and COVID-19 helping bring people to crypto in their droves. Speaking to media outlet Tech Crunch, the firm stated that ...

The Swiss operator of the BRD crypto wallet claims it has in excess of six million users worldwide, with much of its growth coming from users based in India and the Latin America region – and COVID-19 helping bring people to crypto in their droves.

Speaking to media outlet Tech Crunch, the firm stated that it expected to have 10 million users on its platform by the early months of next year.

The BRD CEO and Co-founder Adam Traidman stated that the coronavirus pandemic had driven many first-time users to crypto, with falling interest rates in many areas also thought to be a driving factor for those wishing to safeguard their savings from the ravages of inflation.

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