April 21, 2025
Blockchain

Brazil’s Largest Broker Backed by Nasdaq Launches Crypto Exchange

  • May 12, 2022
  • 0

Brazil’s largest broker XP Inc, in partnership with Nasdaq, will launch the XTAGE digital asset trading platform in June. Today, XP Inc. (@xpinvestimentos) announced the creation of XTAGE,

Brazil’s largest broker XP Inc, in partnership with Nasdaq, will launch the XTAGE digital asset trading platform in June.

3.5 million XP customers will have direct access to the site through the app.

“Designed with market expectations and current and future regulatory frameworks in mind, Nasdaq’s infrastructure technology will enable XP to scale XTAGE and adopt new asset classes.” Nasdaq Vice President Roland Chai said:

Recall that in December 2021, the largest stock exchange in Latin America, B3 (the Sao Paulo stock market), announced its entry into the cryptocurrency market in 2022. The platform is considering launching a number of products, including: ETFs, OTC and custody service.

Source: Fork Log

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