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Brazil’s Largest Broker Backed by Nasdaq to Launch Crypto Exchange

Brazil’s largest broker XP Inc, in collaboration 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 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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My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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