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StoneX Rebrands coininvest to StoneX Bullion

Source: Gin

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The diversified global brokerage StoneX Group announced the rebranding of coininvest into StoneX Bullion.

coininvest, which was acquired by StoneX in 2019, is an online provider of physical precious metals to private individuals, institutional investors, and financial advisors.

The renamed StoneX Bullion delivers the same products and services as coininvest, providing a marketplace for individuals to buy, sell and invest in gold, silver, platinum, and palladium products. With office in Frankfurt, Singapore, Shanghai, Dubai, and London, StoneX Bullion can serve a wide range of clients in the bullion market.

"StoneX offers one of the strongest institutional metals trading and research offerings in the market, and the launch of StoneX Bullion aligns our retail metals trading platform with this brand," said Daniel Marburger, Managing Director at StoneX Bullion. "Going forward, we are committed to investing in new capabilities that enhance the opportunities for StoneX Bullion customers."

StoneX offers not only physical bullion trading but also precious metals hedging services to corporate and institutional clients. Its flagship trading platform, PMXecute, is supported by a team of metals professionals worldwide. StoneX also provides retail precious metals trading capabilities and research through its FOREX.com and City Index platforms.

StoneX is also working on improving its crypto offerings. In April, the group partnered with​ Coinbase Derivatives Exchange (CDE), a derivatives exchange owned by Coinbase, and Nodal Clear, a derivatives clearing organization, enabling the clients of StoneX Financial Inc. have access to the full suite of CDE contracts cleared by Nodal Clear.

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