Brasiliens største mægler XP har netop lanceret Bitcoin Trading Services

• The largest broker in Brazil has launched bitcoin trading services for its clients.
• XP has over 3.6 million users.
• The company has a goal of 200,00 users by year end with a scalable capacity of one million users.

XP Inc., Brazil’s largest broker when measured by market value, has officially launched bitcoin trading services enabling its 3.6 million users to buy, sell and hold bitcoin, per a report from Brazilian publication ISTOE.

Xtage, mæglerens nye platform til handel med digitale aktiver, udviklet i samarbejde med Nasdaq, åbnede i dag operationer med et mål ved årets udgang på 200,000 aktive brugere. Platformen har dog i øjeblikket kapacitet til at understøtte op til 500,000 brugere, og virksomheden udtalte, at den har potentialet til at skalere op til en million brugere, hvilket dækker næsten en tredjedel af dets eksisterende klientel.

“Nasdaq’s robust and flexible infrastructure technology, designed to meet market demands, as well as current and future regulatory structures, will allow XP to scale its platform reliably and introduce new asset classes as they grow and evolve,” Roland Chai executive vice president for Nasdaq previously sagde.

Xtage-platformen var oprindeligt lanceret this past May but was available as a pilot strictly for employees who tested the platform for over a month. Xtage will integrate with XP’s already existing infrastructure and will only support two digital assets, one of which is bitcoin.

“In the medium and long term, the potential is enormous, taking into account that today we have more than 3.6 million customers on the XP platform,” said Lucas Rabechini, director of financial products at XP.

Additionally, Bitgo will serve as XP’s custodian offering cold storage services to clients, though it is unclear whether or not users will be able to transfer their bitcoin off-platform.