Investor-focused social media firm Stocktwits rolls out crypto trading

FILE PHOTO: FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

(Reuters) - Stocktwits.com, one of the social media sites at the heart of last year's retail trading mania, launched a crypto trading platform on Thursday, looking to tap into the growing interest in trading bitcoin and other digital tokens.

Along with Reddit's r/wallstreetbets, Stocktwits was among the online message boards used by an army of retail traders last year to drive huge gains in meme stocks GameStop and AMC, costing bearish hedge funds billions of dollars.