Brazil’s largest broker XP Inc, in collaboration with Nasdaq, will launch the XTAGE digital asset trading platform in June.
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 customers will have direct access to the site through the application.
“Designed with market expectations and current and future regulatory frameworks in mind, Nasdaq’s infrastructure technology will enable XP to scale XTAGE and embrace new asset classes,” Roland Chai, executive vice president of Nasdaq, said.
Recall that in December 2021, the largest stock exchange in Latin America B3 (Sao Paulo stock exchange) announced its entry into the cryptocurrency market in 2022. The platform is considering launching a series of products, including ETFs, OTC and custody service.
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