Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

In December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil’s most valuable companies, though its market cap has since fallen to around $17.4 billion. As of February, Berkshire Hathaway owned about $1 billion worth of shares in the company, despite CEO Warren Buffett being famously critical of bitcoin and cryptocurrencies in general.

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