Reported 2 days ago
Itaú Asset Management, Brazil's largest private asset manager, has launched its first dedicated crypto division, appointing João Marco Braga da Cunha, a former executive from Hashdex, to lead it. This new division aims to expand Itaú's digital asset offerings, joining other teams focused on various investment strategies. Itaú's foray into cryptocurrencies includes a Bitcoin ETF and a retirement plan with Bitcoin exposure, holding significant assets. The new unit plans to develop a range of products, from fixed-income instruments to high-risk derivative funds.
Source: YAHOO