Digital wallet and trading platform Uphold has announced that its users in Latin America are now able to invest in Amazon, Google, or Tesla for as little as 10,000 Satoshis.
The new service makes equity investments affordable for millions of people in the region.
“Uphold, the leading digital money platform, today launches a groundbreaking equities service that gives millions of people in Latin America easy and affordable access to U.S. stocks for the first time,” the company’s press release says.
Inflation debases the little savings that the locals of many countries in Latin America make.
“If locals had access to this kind of service back in 2010, they would have been able to preserve their wealth much better,” Uphold CEO J.P. Thieriot said.