to stay On Google News Follow up.
Nubank, one of the most popular digital banks worldwide, has officially announced its cryptocurrency swap service.
The company in which Warren Buffett invested $1 billion in 2021. He said BTC, ETH, SOL and UNI can be exchanged with USDC.
Stating that purchases and sales made with fiat currencies will incur very low transaction fees, the company said that new cryptocurrencies will be added to the system in the future.
Nubank manager responsible for cryptocurrencies, Thomas Fortis, said that this step was taken in accordance with the demands of the customers.
20% sale from buffet
Buffett’s investment company Berkshire sold 20.7 million shares of Nubank’s parent company New Holdings by the third quarter. After the sale, Berkshire was left with 86.4 million shares in the company. On the other hand, this sale also reduced the price of Nubank’s shares listed on the New York Stock Exchange to $14.
There has been a lot of talk about Buffett, especially the Bank of America and Apple shares he sold over the summer. Buffett reached a cash power of $325 billion after his recent sale.
It was published:
Last update:
