Brazilian Bank

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Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq

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Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be a way to further democratize access to the crypto market.” Digital Bank Backed by … Read more

Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF

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Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to a letter sent by Hashdex to … Read more