Nubank Attracts More Than 1.8 Million Brazilian Residents to Its Crypto Platform The largest fintech company in Latin America, Nubank has registered 1.8 Million new users from Brazil since the launch of its crypto exchange in July 2022, making the platform one of the fastest-growing digital currency ecosystems in the region, according to a press release on September 26, 2022. 70 Million Users Now Use Nubank’s Crypto […]
Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now Offers In-App Crypto Trading […]
Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq 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 […]