Brazil’s Nubank, Latin America’s largest fintech and only decacorn, invests 1% of assets in Bitcoin

RIO DE JANEIRO, BRAZIL - David Vélez, CEO and co-founder of Nubank, the largest fintech bank in Latin America, was very positive about Bitcoin and cryptocurrencies in a recent interview with the portal Bloomberg Línea. The senior manager explained that Bitcoin is a good long-term investment despite its high volatility.

The Brazilian decacorn, a venture-backed company with a value exceeding US$10 billion, is expanding its horizons and will start offering the purchase and sale of cryptocurrencies to all customers by the end of next month.

In addition, the newly Nasdaq-listed company is now investing . . .

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