BTCC
/
BTCC Square
/
CryptotimesIO
/
Itaú Asset Doubles Down on Crypto With Major New Dedicated Division
Itaú Asset Doubles Down on Crypto With Major New Dedicated Division
16
3
Brazil's largest asset manager just made its biggest crypto move yet—launching a standalone digital assets division.
Why It Matters
Itaú's not dipping toes anymore—it's diving headfirst into blockchain. The new unit signals institutional crypto's gone from experiment to core strategy.
Behind the Move
Traditional finance finally gets it—clients demand crypto exposure, and legacy players either adapt or get left behind. Itaú's betting big that regulated digital assets will eat traditional finance's lunch.
Street Take
Another bank 'innovates' by creating a department—because nothing says disruption like adding another layer of management. But hey, at least they're not still calling Bitcoin a fraud.
By:
