Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services

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At the same time, the bank's parent company has bought an undisclosed amount of bitcoin, equal to 1% of its balance sheet.

At the same time, the bank’s parent company has bought an undisclosed amount of bitcoin, equal to 1% of its balance sheet.

While the Brazilian neobank currently supports BTC and ETH, there are plans to include more crypto assets in the future. There will be a gradual launch of the cryptocurrency trading service starting in May 2022 before expanding to the digital bank’s entire customer base of over 50 million by the end of July.

 

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