Bradesco Launches First Tokenized Bank Credit Note

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Today’s Cryptocurrency Headline

Bradesco, Brazil’s second-largest private bank, launched the first tokenized bank credit note on Friday. Transactions totaling 10 million Brazilian reals ($1.95 million) were completed under the regulatory sandbox operated by the Central Bank of Brazil, in July new to Accor. 2022, Itaú Unibanco, the largest private bank in Brazil, announced the launch of Itaú Digital Assets, its tokenization platform. In addition to tokenization, the company also offers crypto custody and token-as-a-service (TaaS) products.

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According to CoinShare, digital asset investment products saw minor inflows totaling US$9.2m last week. Bitcoin is up 0.55% over the last 24 hours and rose to an intraday high of $21,470.00. moving averages, but it seems to face strong resistance at $21,486, suggesting bears are defending this level. If the BTC/USDT pair break above this level, the next target is $25,000.

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