The Brazilian Cryptoeconomy Association (ABcripto) celebrates the entry of Coinbase exchange as its new member. With the mission to expand global economic freedom and facilitate access to digital assets, this partnership marks a new chapter in strengthening the Brazilian crypto asset market.
With a significant global presence, Coinbase is the largest crypto exchange in the United States and the only one listed on Nasdaq, as well as the largest custodian of crypto assets in the world, with over $273 billion under custody.
For Bernardo Srur, CEO of ABcripto, Coinbase’s arrival to the association is a major step for the Brazilian market. “The company’s expertise and commitment to promoting a safer and more accessible cryptoeconomy reinforce our mission to foster a regulated and transparent environment, benefiting investors, companies, and the ecosystem as a whole,” Srur highlights.
Recognized as the global benchmark in cryptocurrency technology and security, Coinbase operates a business model that connects individuals and institutions with crypto assets, including trading, staking, custody, spending, and fast, free global transfers, while also providing critical infrastructure for blockchain activities.
For Fabio Plein, Coinbase’s Regional Director for the Americas, joining ABcripto represents an important step in expanding access to the Brazilian market and promoting the adoption of more responsible rules, ensuring the benefits of this technology are properly harnessed. “Joining ABcripto reinforces our commitment to advancing the cryptoeconomy in Brazil, one of Coinbase’s priority markets globally. It is the country where we saw significant growth in 2024, being one of the most downloaded cryptocurrency apps by Brazilians this year.”
“Coinbase seeks to collaborate with the sector’s development in all markets where it operates, prioritizing dialogue with associations and all other stakeholders involved, and Brazil is no exception. By being on ABcripto’s board, we hope to proactively and collaboratively participate in key industry discussions and the design of a regulatory framework that prioritizes innovation and investor security,” Plein concludes.
