Uphold announces upcoming support for Ethereum, Litecoin

Online money platform Uphold announced today that it is adding support for Ethereum and Litecoin, according to a press release sent to CoinReport.

“At Uphold, we envision a world where every conceivable form of value is free to move around, convert, transact and be innovated into, just like information can freely move around on today’s Internet. So, with an eye on diversity and choice, we will continue to introduce new forms of value,” said Jorge Pereira, executive vice president and chief product & engineering officer at Uphold in an exclusive quote for CoinReport. “In the crypto space, we’ll soon be adding support for Litecoin and Ethereum, which we believe complement the purpose of Bitcoin and may have a role to play in the years to come. And it won’t end there, we will continue to be on the lookout for other crypto-currencies that prove to be safe, useful and broadly adopted.”

Specifically, Ethereum  and Litecoin were selected due to their growing popularity among financial traders and enthusiasts and within developer and open source communities. Litecoin will launch next month, while Ethereum will launch in May. Last year, Uphold announced support for the voxel, the cryptocurrency used in the VR platform Voxelus’ asset marketplace.

Image via Uphold’s press kit