XP Inc. to Create XTAGE, Its Digital Assets Trading Platform
SÃO PAULO--(BUSINESS WIRE)--
XTAGE represents a key milestone in democratizing access to the digital assets market in
“At XP, we are driven by our mission to democratize access to investments, providing investors with an expanded and diversified portfolio of financial products that are at the forefront of global innovation,” says Lucas Rabechini, Director of Financial Products at
“We enter this market with a strong team of diverse talent, skill-sets and experiences, which further enables us to efficiently collaborate with industry leading partners and develop this platform in record time,” said
“We are pleased to partner with XP as they advance on their digital assets strategy. The technology partnership between Nasdaq Market Technology and XP is a foundational pillar in their expansion into digital assets and will open up new opportunities for investors,” said
The trading platform will be fully integrated into XP Inc´s ecosystem, giving customers a frictionless process to invest using existing XP services. The new platform will at the time of the launch offer trading in crypto currencies. In the medium term, XP plans to expand its offering to include additional types of assets, as market trends and investor appetite continue to evolve.
About XP
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in
- Educating new classes of investors;
- Democratizing access to a wider range of financial services;
- Developing new financial products and technology applications to empower clients; and
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Providing high-quality customer service and client experience in the industry in
Brazil .
XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "aim," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc’s control. XP, Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.
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Antonio Guimarães
Investor Contact: ir@xpi.com.br
IR Website: investors.xpinc.com
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