THELOGICALINDIAN - Warren Buffettbacked Nubank one of the worlds better agenda cyberbanking platforms is now alms cryptocurrency trading to all of its 54 actor barter Nubank additionally holds bitcoin on its antithesis area
Nubank’s Crypto Service Now Available to All Customers
Nubank, one of the world’s better agenda cyberbanking platforms, now offers cryptocurrency trading to all clients, according to its blog post, adapted Monday. The coffer serves about 54 actor barter beyond Brazil, Mexico, and Colombia.
“Nubank Cripto is the band-aid to buy and advertise cryptocurrencies anon through the Nu app,” the coffer wrote, adding:
“To advice you access this cosmos added safely, we absitively to offer, first, the better cryptocurrencies on the market: bitcoin and ether,” the coffer added.
Nubank added clarified:
The crypto trading advantage was announced in May. It was launched aboriginal in Brazil.
Nubank additionally appear in May that Nu Holdings, its ancestor company, has allocated “~1% of its antithesis area banknote to bitcoin.”
Warren Buffett’s Berkshire Hathaway is a accepted actor of Nu Holdings. According to its 13F filing with the U.S. Securities and Exchange Commission (SEC), Berkshire’s backing as of Dec. 31, 2024, included Nu Backing shares account added than $1 billion. Berkshire Hathaway additionally invested $500 actor in Nu Backing in June aftermost year, months afore the aggregation went public.
Buffett, however, afresh said that he will not advance in cryptocurrencies because they do not aftermath anything. Meanwhile, Berkshire Vice Chairman Charlie Munger believes that crypto is “stupid and evil.”
What do you anticipate about Warren Buffett-backed Nubank alms crypto to all customers? Let us apperceive in the comments area below.
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