Brazil's largest private asset management company, Itaú Asset, establishes a dedicated cryptocurrency division
Jinse Finance reported that Itaú Asset Management, the largest private asset management company in Brazil, has established a dedicated cryptocurrency division and appointed former Hashdex executive João Marco Bragada Cunha to lead the department. This division is based on Itaú Asset's existing cryptocurrency products, including the bank's bitcoin ETF and retirement funds offering digital asset investments. Itaú Asset manages over 1 trillion reais (185 billion USD) in assets for its clients.
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