• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Warren Buffett’s Berkshire Hathaway Invests $500M in Brazilian Digital Bank Nubank


June 9, 2021 · By Muhammad Awwal
Bitcoin (BTC)

Berkshire Hathaway, led by renowned investor and bitcoin critic Warren Buffett, has made a $500 million investment in Brazilian digital bank Nubank with Bitcoin exchange-traded funds (ETF).

The privately held digital bank based in Brazil has roughly 40 million customers and, in the first five months of the year, it has grown at a pace of more than 45,000 new customers per day as digital banking expands quickly in Latin America’s largest economy.

Nubank said the Berkshire Hathaway investment is an extension of the G Series funding carried out in January. Series G is the eighth fundraising event for a startup. It has raised around $2 billion since its inception in 2013, Nu said.

The company’s CEO told The Wall Street Journal that an initial public offering is likely but is not planned.

Primary Sidebar

LATEST NEWS

When Tweets Cause Market Quakes: Binance Sued for Alleged Cryptocurrency Chicanery

October 3, 2023

Elon Musk Stirs Up Monetary Mania: Labels Fiat Currency a Farce!

October 3, 2023

Kenya Says ‘World-No!’ to Worldcoin Amid Privacy Concerns

October 2, 2023

UBS Banks on Blockchain: Tokenized Money Market Fund Joins the Ethereum Party

October 2, 2023

“Bitwise Tags in Ethereum: The Oct. 2 ETF Power Move”

October 1, 2023

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • The FTX “Token of Trust”: Guilty Execs Ready to Sing in SBF’s Legal Sonata October 3, 2023
  • When Tweets Cause Market Quakes: Binance Sued for Alleged Cryptocurrency Chicanery October 3, 2023
  • Elon Musk Stirs Up Monetary Mania: Labels Fiat Currency a Farce! October 3, 2023

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Decentraland (MANA) Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) FTX Token (FTT) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) Terra Classic (LUNC) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) USD Coin (USDC) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2023 · Today in Crypto · Terms & Privacy · Log in