Brazil’s largest private asset manager Itaú Asset Management has formed its first dedicated crypto division and named João Marco Braga da Cunha, a former executive at Hashdex, to run the new unit.

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) across 15 trading desks. The crypto team joins groups focused on equities, credit, and systematic strategies, with the goal of expanding Itaú’s lineup 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 its 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 provided in-house. The bank has also mulled launching its own stablecoin.

The new unit is expected to roll out products that range from fixed-income-style instruments to higher-risk funds tied to derivatives.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。