Digital asset broker FalconX enters Brazilian market

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According to Bloomberg, digital asset prime broker FalconX is expanding into Latin America to meet the region's growing institutional demand for cryptocurrencies. The company is launching its services in Brazil, with initial partners including BTG Pactual and MercadoLibre's Mercado Bitcoin. This move aims to enable more local institutions to offer trading, credit, and custody services for digital assets. Josh Barkhordar, FalconX's Head of Sales for the Americas, stated that "Latin America is one of the fastest-growing regions for cryptocurrency adoption," thanks to regulatory frameworks, forward-thinking institutions, and economic drivers.
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