WeStreet Credit Union Launches CryptoFi for Member Access to Crypto Trading

Skyler Perry
Skyler Perry
WeStreet Credit Union has partnered with CryptoFi to provide its members with access to buy, sell and hold cryptocurrencies. The partnership enables WeStreet Credit Union members to conveniently and safely buy and sell digital assets, including Bitcoin, Ethereum, Litecoin, and others, directly from within WeStreet’s web and mobile platforms. 

WeStreet Credit Union is a community-focused financial institution that aims to enrich and serve its members. Since its inception in 1943, the credit union has grown to have over 56,000 members and over $920 million in assets. 

WeStreet Chief Digital Officer, Eric Hilaire, expressed his enthusiasm for the partnership, stating that they are thrilled to work with CryptoFi to explore the countless opportunities that cryptocurrency provides for their members. At WeStreet, catering to the unique needs of their customers is at the forefront of what they do, and CryptoFi's solutions offer secure, cutting-edge ways for their members to engage with digital assets. Kian Sarreshteh, CEO of CryptoFi, echoed his excitement about the partnership.

"We are thrilled to see a progressive Credit Union like WeStreet prioritize the safety of its members cryptocurrency by rolling out CryptoFi's regulated solution that allows members to security buy, sell and hold cryptocurrency through Etana, a Colorado Trust Company,” Sarreshteh said. “Credit Union members are already buying and holding crypto on unregulated 3rd party exchanges. So it's refreshing to see WeStreet take a pragmatic approach to offering a service that helps their members, by protecting them from these risky 3rd party crypto platforms where we've seen so many Americans lose their savings."

Together, WeStreet Credit Union and CryptoFi are bringing top crypto assets to the forefront of financial services, offering members unparalleled access to top digital assets.

CryptoFi's white label solution helps financial institutions like WeStreet drive user acquisition, retention, and engagement. Members’ cryptocurrency trades are made simple and secure with transparent fees, fast settlement, year-end tax optimization, and minimization. The partnership also comes with additional features like an integrated rewards program using financial institution-issued cards and a balance transfer from third-party exchanges.

With CryptoFi's educational content, WeStreet's members can confidently make informed decisions about their investments. CryptoFi will also be working alongside WeStreet to provide staff training and drive member engagement with the cryptocurrency offering.