Itaú Asset Management has announced the creation of a new cryptocurrency division, appointing former Hashdex executive João Marco Braga da Cunha as its leader.
New Crypto Division of Itaú
Itaú Asset Management, Brazil's largest private asset manager, has established a new cryptocurrency division. João Marco Braga da Cunha, former executive at Hashdex, has been appointed to lead the new unit.
Development of Crypto Products
The new division will expand the company’s financial products, including traditional instruments and higher-risk strategies such as derivatives and staking-based funds.
Brazil's Crypto Market
Brazil has emerged as one of the largest crypto markets globally, implementing new regulations that support the development of the crypto industry.
The establishment of Itaú's cryptocurrency division marks an important step in advancing financial technologies in Brazil, fostering greater interest in digital assets.
