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Home»Fintech»Nubank preps own digital currency
Fintech

Nubank preps own digital currency

October 20, 2022Updated:October 20, 2022No Comments1 Min Read
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Nubank raises $2.6bn in US listing
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Brazilian digital banking behemoth Nubank is growing its personal cryptocurrency, referred to as Nucoin, for its hundreds of thousands of consumers.

The Nucoin token would be the foundation for a rewards programme when it launches subsequent 12 months, distributed totally free to the financial institution’s 70 million clients for reductions and different perks.

Nonetheless, Nubank says that sooner or later it additionally needs to see Nucoins traded within the crypto market.

The financial institution is inviting 2000 clients to take part in a discussion board group to assist develop the token, which is being constructed on the Polygon community.

“With Nucoin, we need to additional democratize new applied sciences corresponding to blockchain and web3,” says a weblog.

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See also  Conduent collaborates with BNY Mellon to build digital payments hub
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