Brazil's XP Inc to open crypto platform to clients in August

07/25 11:57

According to Reuters, Brazilian brokerage XP Inc expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year, Lucas Rabechini, the company's director of financial products said. XP currently has 3.6 million customers, but said crypto trading will comply with eligibility rules such as the amount of risk each client is willing to take. Rabechini also said that "by the end of December and the beginning of next year" there will be an additional 10 cryptoassets available for trading.
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