Brazil-based digital bank Nubank reached 1 million crypto users after just one month.
The company announced today that it has seen 1 million users on its crypto trading platform just one month after the launch of its crypto services.
After launching the crypto platform to its users in June, the company was aiming to reach 1 million users within a year. But this happened in just one month.
The platform allows users to buy and sell Bitcoin (BTC) and Ethereum (ETH) through the trading and custody service provided by the Paxos blockchain infrastructure.
In May, the company announced that it has allocated about 1% of the cash on its balance sheet to Bitcoin to show its belief in cryptocurrencies.
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