A kriptobarát bank Warren Buffett Berkshire Hathaway támogatásával 2 milliárd dolláros tőzsdei bevezetést tervez a Nasdaq-on

Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be a way to further democratize access to the crypto market.”

Digital Bank Backed by Warren Buffett’s Berkshire Hathaway Reportedly Plans to IPO on Nasdaq

Nu Pagamentos SA, also known as Nubank, is planning an initial public offering (IPO) of more than $2 billion on the Nasdaq stock exchange for the end of this year, Bloomberg reported Thursday, citing people familiar with the matter.

Nubank is backed by billionaire Warren Buffett’s Berkshire Hathaway Inc. In June, Berkshire befektetett $500 million in the Sao Paulo-based digital bank which has more than 40 million clients throughout Latin America.

According to the people, Nubank may seek a valuation of more than $40 billion. However, details may change as discussions are still ongoing. The bank was valued at $10.4 billion after a private fundraising in early 2019 but its valuation soared to $30 billion by June after the $500 million investment by Berkshire.

At a valuation of more than $40 billion, Nubank could become the second most valuable financial institution in Latin America. The most valuable is currently Brazil’s Itau Unibanco Holding SA with a $55 billion market value, followed by Banco Bradesco SA with about $41 billion.

Banks handling the share sale in the planned IPO include Morgan Stanley, Goldman Sachs Group Inc., Citigroup Inc., and UBS Group AG.

Nubank is a crypto-friendly bank. It offers investments in a bitcoin exchange-traded fund (ETF) via Easynvest, a trading platform it acquired and renamed to “Easynvest by Nubank” earlier this year.

Az Easynvest által kínált bitcoin ETF a QR Asset Management QBTC11. Ez volt az első bitcoin ETF, amelyet a Brazil Securities and Exchange Commission (CVM) hagyott jóvá. A B3 tőzsdén jegyzik, amely Latin-Amerika egyik legnagyobb és Brazília második legrégebbi tőzsdéje.

Citing Tesla CEO Elon Musk and Bridgewater Associates founder Ray Dalio, Nubank explained on the Easynvest website: “A quick [online] search is enough to discover that even billionaires like Elon Musk and Ray Dalio have already taken an interest in this type of asset.” The bank further wrote:

The cryptocurrency ETF can be a way to further democratize access to the crypto market.

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Source: https://www.bitcoinnewsminer.com/crypto-friendly-bank-backed-by-warren-buffetts-berkshire-hathaway-plans-2-billion-ipo-on-nasdaq/