Brazil’s largest private asset manager, Itaú Asset Management, has established a dedicated cryptocurrency division within its mutual fund division. The firm manages over 1 trillion reais ($185 billion) and already offers Bitcoin ETFs and digital assets exposure in pension funds. This new unit will expand into fixed income, derivatives, staking, and in-house custody services. Itaú plans to leverage this expertise to drive institutional adoption of cryptocurrencies. Currently, they offer trading pairs for Bitcoin, Ethereum, Solana, and USDC, while also providing secure custody solutions. With this strategic move, Itaú demonstrates a deeper commitment to the future of blockchain finance, focusing on fixed income strategies, derivatives, and staking opportunities in the coming years.