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The launch is facilitated through a partnership with Alpaca, a global brokerage infrastructure provider.
The new service, GoTyme Crypto, allows customers to invest in 11 different cryptocurrencies. They include Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Powered by Alpaca’s Broker API, the feature is integrated directly into the GoTyme Bank app. Users can fund their dedicated crypto accounts using their existing GoTyme Bank Everyday current accounts.
Nate Clarke, President and CEO of GoTyme Bank, stated that the launch is a step towards empowering Filipinos to unlock their financial potential.