$80 Billion Brazilian Investment Bank Launches Bitcoin and Crypto Trading App

Large Brazilian investment bank BTG Pactual has announced the launch of a new platform enabling customers to make direct investments in Bitcoin, making it the first large financial institution in Brazil to offer direct Bitcoin exposure.

The bank’s Mynt platform allows users to purchase Bitcoin. BTG Pactual CEO, Roberto Sallouti, described Mynt’s creation as being in response to a high demand from customers who wanted to trade in Bitcoin and crypto, Exame reported.

Sallouti added that Mynt will also host education content designed to teach new users about Bitcoin, cryptocurrencies and blockchain technology, stating: “As a new asset class, we will also have content to educate and inform our customers about these assets and the technology.”