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Brazil's Acura Capital Bets $10M on Latin America's Crypto Future

Brazil's Acura Capital Bets $10M on Latin America's Crypto Future

Brazilian Firm Buys 10% Stake in Latin Crypto Project Patex

Acura Capital, a leading Brazilian finance firm with $1.3 billion in managed assets, has purchased a 10% stake in Latin American cryptocurrency project Patex for $10 million. Amid surging interest in digital currencies across the region, this investment underscores a shift in the perception of cryptocurrencies and is set to influence the burgeoning market significantly. However, the partnership faces challenges, including infrastructural issues and regulatory



By: Sudeep Saxena
11-Jul-2023

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