BTG Pactual is the first bank in Brazil to offer a cryptocurrency exchange.
A Brazilian financial firm specializing in investment banking, asset management, and corporate loans has launched a new cryptocurrency platform.
As a result, BTG Pactual became the first Brazilian bank to allow its customers to invest in cryptocurrencies via the Mynt cryptocurrency app.
Trading in two cryptocurrencies, BTC and ETH, will be available for the time being, according to available information, but a wide range of crypto assets will be available later, according to Andre Portilho, BTG Pactual’s head of digital assets.
Andre Portilho said:
- At this first moment, we will have the two main digital assets in the market, but we will include other cryptos for trading over time. We will have a complete platform with blockchain-based assets.
Last year, Banco BTG Pactual S.A. managed $72.6 billion in assets.