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Brazilian Bank Itau Unibanco Rolls Out Bitcoin and Ethereum Trading Services to Customers
Brazilian banking giant Itau Unibanco has joined the crypto bandwagon with the launch of digital asset trading services for customers as part of its investment platforms, Reuters reported Monday, citing an interview with the company’s digital asset head Guto Antunes.
According to the report, the financial services company, standing as one of the largest lenders in Latin America, is commencing its foray into the virtual asset market with a focus on two major cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH).
Antunes revealed that while the initial offering is centered around the two leading digital assets by market capitalization, the bank’s broader strategic vision involves expanding its crypto services to include a variety of virtual assets in the future.
“It starts with Bitcoin, but our overarching strategic plan is to expand to other crypto assets in the future,” he said.
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