Itaú Asset Management launches crypto division to appoint new person in charge
Source: Binance
Time: 2025-09-06 03:44:13
Itaú Asset Management, Brazil’s largest private asset management company, has set up a dedicated crypto division and appointed former Hashdex executive João Marco Braga da Cunha to lead the division, Cointelegraph reported. The division will develop more crypto products, including fixed income tools and high volatility strategies such as derivatives and staking-based funds. Itaú Asset has managed over 1 trillion real-time assets and offers Bitcoin ETFs and digital asset pension funds.
Brazil is leading in crypto adoption, implementing the first comprehensive crypto law in 2023, setting rules for virtual asset service providers and giving central banks regulatory powers. In 2025, Brazilian securities regulators approved Hashdex's first spot XRP ETF.