Well let's give this news a link if we are going to start a thread about that:
https://cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereumChief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo XP is the biggest financial group in Brazil, comprising companies with various business models.
XP has reportedly set a goal to have $1 trillion reais ($245 billion) under custody by 2020, which is four times what the company expects to raise by the end of this year. In addition, XP will launch a bank in the next few months.
