{"id":446026,"date":"2022-05-12T23:00:00","date_gmt":"2022-05-12T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil\/"},"modified":"2022-05-12T23:00:00","modified_gmt":"2022-05-12T20:00:00","slug":"nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil\/","title":{"rendered":"# Nasdaq partners with XP to launch cryptocurrency exchange in Brazil"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a33a860f0a74\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a33a860f0a74\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil\/#%E2%80%9D_Nasdaq_partners_with_XP_to_launch_cryptocurrency_exchange_in_Brazil_%E2%80%9C\" >&#8221; Nasdaq partners with XP to launch cryptocurrency exchange in Brazil &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil\/#Hot_cryptocurrency_market_in_Brazil\" >Hot cryptocurrency market in Brazil<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Nasdaq_partners_with_XP_to_launch_cryptocurrency_exchange_in_Brazil_%E2%80%9C\"><\/span>&#8221; Nasdaq partners with XP to launch cryptocurrency exchange in Brazil &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvODg4ZGEyNzEtZWFmZi00N2E1LTk5NDQtODRhNDY0YjJkMDBkLmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem \u2014 the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody.<\/p>\n<p>XP stated that the exchange will initially offer the purchase and sale of cryptocurrencies, but the intention is that the platform will also support other digital assets and investment products based on crypto assets.<\/p>\n<p>\u201cThe creation of XTAGE represents an important milestone in advancing the digital asset market and our ability to offer investors greater access to the digital asset ecosystem. Through the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> partnership with Nasdaq, we are confident that XP will operate on an innovative and robust infrastructure,&#8221; said Lucas Rabechini, director of financial products at XP.<\/p>\n<p>Roland Chai, executive vice president and head of market technology infrastructure at Nasdaq, highlighted that Nasdaq&#8217;s partnership with XP will open new opportunities for companies and investors.<\/p>\n<p>This is not the first time that NASDAQ has partnered with a Brazilian company in the cryptocurrency market. In 2019, the American company partnered with Hashdex to launch the\u00a0world\u2019s first Bitcoin Spot ETF.<\/p>\n<p>In the case of XP, this is also not the first time that the company has sought to launch a company focused on the cryptocurrency market.\u00a0Cointelegraph wrote\u00a0in 2018 that the company had launched a platform for trading cryptocurrencies called XDEX, however, this ended up being closed in March 2020, just before Bitcoin\u2019s most recent bull run.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hot_cryptocurrency_market_in_Brazil\"><\/span>Hot cryptocurrency market in Brazil<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nubank, the largest digital bank in Brazil and Latin America, recently\u00a0announced that it has partnered with Paxos to allow the bank&#8217;s customers to buy, sell and store cryptocurrencies directly through Nubank.<\/p>\n<p>Along with the launch of the new cryptocurrency transaction services, Nubank said that it will allocate roughly 1% of its net assets to Bitcoin (BTC) through the cashier of Nu Holdings \u2014 a company that controls the Nubank Group.<\/p>\n<p>Another Brazilian bank that will also offer Bitcoin investment services to its customers is BTG Practual. The bank\u2019s president, Roberto Sallouti, recently announced that the bank will launch its own crypto exchange in roughly two months, stating:<\/p>\n<blockquote><p>&#8220;We will have our cryptocurrency trading platform in up to two months [..] BTG&#8217;s proposal is to have a complete investment platform for our clients.&#8221;<\/p><\/blockquote>\n<p>XP Inc announced on Thursday that it intends to launch a cryptocurrency exchange called XTAGE in Brazil in partnership with Nasdaq.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nasdaq-partners-with-xp-to-launch-cryptocurrency-exchange-in-brazil\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Nasdaq partners with XP to launch cryptocurrency exchange in Brazil &#8220; XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem \u2014 the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody. XP stated that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":446027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvODg4ZGEyNzEtZWFmZi00N2E1LTk5NDQtODRhNDY0YjJkMDBkLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74863,74860,74355,22483,117,72332,4965],"class_list":["post-446026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-adoption","tag-brazil","tag-business","tag-nasdaq","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/446026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=446026"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/446026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/446027"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=446026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=446026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=446026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}