SoftBank-Backed Broker Avenue Debuts Bitcoin Trading
Avenue Securities now allows its over 500,000 Brazilian customers to buy, sell, and hold bitcoin in an integration with a third-party trading platform.SoftBank-backed broker Avenue Securities debuted native, no-fees bitcoin trading services on Wednesday through an integration with B2B platform Apex Crypto to meet a growing demand for BTC and cryptocurrency among its over 500,000 Brazilian clients.“Trading cryptocurrencies is now officially a reality with Avenue Digital Assets,” the company said in a Wednesday email to investors seen by Bitcoin Magazine. “All this with the same ease of our....
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Avenue Securities serves Brazilians investing in the U.S. and will now cater to a growing demand for bitcoin among its customers.
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework Dives Into Crypto Wework announced Tuesday several initiatives regarding cryptocurrencies. The company provides environments for individuals and businesses, from freelancers to Fortune 500 companies. With over 800 locations worldwide in more than 150 cities, Wework says it is the largest global....
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds One of the largest Series B funding rounds in LATM The Softbank Latin America Fund has invested in Mercado Bitcoin’s parent company 2TM Group. The announcement....
Softbank and Saudi Arabia have partnered to launch a $100 bln technology investment fund, which will focus on emerging tech firms and unorthodox markets outside the realm of common investments such as oil and real estate. Both Softbank and Saudi Arabia’s Public Investment Fund (PIF) have agreed to provide $25 bln and $45 bln respectively to the Softbank Vision Fund, while the remaining $30 bln will be invested by an undisclosed group of investors. Masayoshi Son, Chairman & CEO of Softbank stated: “With the establishment of the Softbank Vision Fund, we will be able to step up....
Speaking at the Bitcoin Miami Conference 2022, former SoftBank CEO Marcelo Claure announced the allocation of 10% of its wealth into crypto. Specifically, the former SoftBank executive will put a portion of his capital into BTC as a hedge against inflation. Related Reading | Bitcoin 2022 Conference, Industry Day: Bukele Steps Down, Tennessee Titans & More […]