“The New Unit, Led by Former Hashdex Executive Joache Marco Braga Da Cunha, Will Operate Within Itaú Multidesk Investment Structure, Which Oversees $ 21.6 Billion in Assets.”, – WRITE: www.coindesk.com
The Division, Local News Outlet LiveCoins Reports, Will Sit Within Itaú’s Multidesk Investment Structure, WHICH OVERSEES MORE THAN 117 Billion Reais ($ 21.6 Billion). The Crypto Team Joins Groups Focused on Equities, Credit, and Systematic Strategies, with The Goal of Expanding Itacture of Digital Asset Products.
Itaú Has Over Time Been Moving Into Crypto Markets. Since 2022, It Has Offered A Bitcoin Exchange-Traded Fund (Biti11) and A Retirement Plan with BTC Exposure. Together with itaú Bitcoin Index Fund, These Products Hold About 850 Million Reais ($ 152 Million) in Assets.
More Recently, Itaú Began Offering Direct Trading of Cryptocurrencies Through ITS Mobile App, Including Btc and Eth, with Custody Provides In-House. The Bank Has Also Mulled Launcing Its Own Stablecoin.
The New Unit is Expert to Roll Out of Products that Range from From Fixed-income-Style Instruments to Higher-Risk Funds Tied to Derivatives.
USDT and USDC Continue to Lead Global Stablecoin Flows, But Eurc and Pyusd Are Rising Fast As Institutional Rails Rails Expand
- India Leads Grassroots Adoption, Topping Chainalysis’ Index Across Retail, Defi and Institutional Activity, While The US Ranks Second on Etf-Driven Inflows.
- Stablecoins Dominate Global Flows, with USD and USDC in the Lead, But Newer Entrants Like Circle’s Eurc and PayPal’s Pyusd Are Gaining Traction Fast.
- Bitcoin Remains the Primary Entry Point, Pulling in $ 4.6 Trillion in Fiat on-Ramps Between July 2024 and June 2025, More Than Double Any Other Crypto Asset.
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