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Nasdaq partners with XP to launch cryptocurrency exchange in Brazil

Published 05/12/2022, 04:00 PM
Updated 05/12/2022, 05:40 PM
Nasdaq partners with XP to launch cryptocurrency exchange in Brazil

XP (NASDAQ:XP) informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem — the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody.

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.

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