Nubank, the largest Brazilian digital bank, reached 1 million users on its crypto trading platform just one month after its initial launch in June. NuBank disclosed in May that it was investing about 1% of the cash on its balance sheet in Bitcoin to show its support for the digital currency. Users of the platform can buy and sell Ether (ETH) and Bitcoin (BTC) using the cryptocurrency trading and custody service offered by Paxos’ blockchain infrastructure.
Brazil’s Largest Digital Bank Nubank Reaches 1M Crypto Users After Just a Month