365int
Nubank, a prominent Latin American digital bank backed by Warren Buffett’s Berkshire Hathaway, has broadened its cryptocurrency offerings by incorporating Cardano (ADA), Near Protocol (NEAR), and Cosmos (ATOM) into its platform. This expansion aims to provide Nubank’s 100 million clients in Brazil with a more diverse range of digital assets for trading.
The newly added cryptocurrencies had a combined market capitalization of $34.6 billion at the time of the announcement. With this inclusion, Nubank Cripto now supports a total of 20 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), USDC, and XRP.
Nubank’s foray into the cryptocurrency market began in May 2022 when it partnered with Paxos to enable customers to buy, sell, and store cryptocurrencies directly through its platform. At that time, the bank also allocated 1% of its net assets to Bitcoin.
The Brazilian cryptocurrency market has experienced significant growth, with stablecoins accounting for 90% of all crypto transactions in the country. In January 2025, Binance became the first crypto exchange to secure a broker-dealer license to operate in Brazil, highlighting the nation’s increasing adoption of digital assets.
Nubank’s continuous expansion into the crypto space reflects its commitment to meeting the evolving financial needs of its customers and solidifying its position as a leading digital bank in Latin America.
