Spot ETH trading for retail clients in Brazil

Nubank began offering bitcoin and ETH trading in its app to customers in Brazil in May 2022, from BRL 1, and planned to reach its whole customer base by the end of July 2022. At launch Paxos acted as broker and custodian. From 23 May 2024 Nubank began letting customers send bitcoin, ETH and solana to outside wallets and receive them from those wallets. This is trading of ETH itself, not tokenization.