Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services

Cointelegraph

Published May 11, 2022 04:00PM ET

Updated May 11, 2022 05:40PM ET

Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank's customers to buy, sell and store cryptocurrencies directly through Nubank.

Along with the launch of the new cryptocurrency transaction services, Nubank announced it will allocate roughly 1% of its net assets to Bitcoin (BTC) through the cashier of Nu Holdings, a company that controls the Nubank Group.

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