Marqeta Inc vs Abrdn Physical Platinum Shares ETF — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Abrdn Physical Platinum Shares ETF trades at $14.8. Which is the better fit depends on your goals.
| MQ | PPLT | |
|---|---|---|
Market Cap | $1.85B | — |
Sector | Technology | Commodities - Metals/Agriculture |
52-Week High | $27.32 | $25.23 |
52-Week Low | $15.04 | $11.78 |
Enterprise Value | $1.15B | — |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →PPLT is a physically-backed ETF designed to track the spot price of platinum, less the Trust's expenses. It holds physical platinum bullion in secure vaults, providing investors with a liquid and cost-effective way to access the platinum market without the logistical challenges of direct ownership.
Read more on PPLT →