Brazil’s leading financial broker XP to launch a crypto trading platform
The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of June. Initially, it will enable investors to buy and sell Bitcoin and Ether.
Lucas Rabechini, Director of Financial Products, asserted that XP does not care about the current condition of the cryptocurrency market. In his view, the niche has the potential to grow, and as such, the broker is focused on the next five ten years.