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Brazil's largest private asset management Itaú Asset establishes dedicated crypto department

Summary: According to reports from Cointelegraph, Brazil's largest private asset management firm Itaú Asset Management has established a dedicated crypto department in the mutual fund sector. It is reported that Itaú Asset manages assets worth over 1 trillion reais (185 billion US dollars) for clients. The company currently offers 10 trading pairs including BTC/ETH/SOL/USDC and has ...

According to reports from Cointelegraph, Brazil's largest private asset management firm Itaú Asset Management has established a dedicated crypto department in the mutual fund sector. It is reported that Itaú Asset manages assets worth over 1 trillion reais (185 billion US dollars) for clients. The company currently offers 10 trading pairs including BTC/ETH/SOL/USDC and has developed its own custody solutions. Existing products include a Bitcoin ETF and exposure to digital assets in pension funds; the new department will focus on digital asset investments around fixed income, derivatives, and collateral strategies.

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