The Brazilian Association of Cryptoeconomics (ABcripto) celebrates the entry of the brokerage Coinbase as its new member. With the mission to expand global economic freedom and facilitate access to digital assets, the partnership marks a new chapter in strengthening the Brazilian crypto asset market.
With a significant global presence, Coinbase is the largest cryptocurrency exchange in the United States and the only one listed on Nasdaq, as well as the world's largest crypto asset custodian, with over $273 billion under custody.
For Bernardo Srur, CEO of ABcripto, the arrival of Coinbase to the association is a big step for the Brazilian market. "Expertise and the company's 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," highlights Srur.
Recognized as the leading authority in cryptocurrency technology and security worldwide, Coinbase has a business model that connects individuals and institutions with crypto assets, including trading, staking, custody, spending, and fast, free global transfers, as well as providing critical infrastructure for blockchain activities.
For Fabio Plein, regional director for the Americas at Coinbase, joining ABcripto represents an important step to expand access to the Brazilian market and promote the adoption of more responsible rules, allowing the benefits of this technology to be properly leveraged. The entry into ABcripto reinforces our commitment to the advancement of the crypto economy in Brazil, one of Coinbase's priority markets worldwide, and the country where we experienced significant growth in 2024, being one of the most downloaded cryptocurrency apps by Brazilians that year.
“Coinbase seeks to collaborate with the development of the sector in all markets in which it operates, prioritizing dialogue with associations and all other players involved, and Brazil is no different. By being on the ABcripto board, we hope to participate proactively and collaboratively in the main discussions in the sector and in the design of a regulatory scenario that prioritizes innovation and investor security,” concludes Plein.
