In June, Brazil’s largest broker XP Inc., in collaboration with Nasdaq, will launch the digital-assets trading platform XTAGE.
Today, XP Inc. (@xpinvestimentos) announces the creation of XTAGE, a new trading platform for digital assets, leveraging @Nasdaq’s technology. XTAGE represents a key milestone in democratizing access to the digital assets market in Brazil.
Learn more: https://t.co/wohP5SyhTD pic.twitter.com/QWi0OE4FsF
— Nasdaq (@Nasdaq) May 12, 2022
3.5 million XP clients will have direct access to the platform via the app.
“Developed with market expectations, as well as the current and future regulatory framework, Nasdaq’s infrastructural technology will allow XP to scale XTAGE and introduce new asset classes,” said Roland Chai, Executive Vice President at Nasdaq.
Back in December 2021, the largest stock exchange in Latin America, B3 (the São Paulo Stock Exchange) announced its entry into the cryptocurrency market in 2022. The platform is considering launching a range of products, including ETF, OTC, and custodial services.
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