Brazilian Banking Giant Chose This Altcoin For Its Own Token!

Brazil’s largest digital bank by market capitalization Nubank in the first half of 2023 “Nucoin” He said he was going to release the coin.

Nucoin is scheduled to launch in Brazil, Colombia, and Mexico next year.

Nubank popularizes its new token Nucoin altcoin Polygon (MATIC) will build on the network.

Nubank also stated that it plans to offer discounts and advantages to the owners of Nucoin, which will be available to its 70 million customers.

The bank described Nucoin as a new way to recognize customer loyalty and encourage interaction with Nubank products.

Nucoin General Manager Fernando Czapski said in his statement:

“We are opening a door to the future.

The Nucoin project is one step ahead in our belief in the transformative potential of blockchain technology and further democratizing it by going beyond buying, selling and maintaining cryptocurrencies in the Nu app.”

Nubank added that before the Nucoin token is released, it plans to select 2,000 users to test the token feature and provide feedback.

Czapski, “To ensure we achieve a program that fully fits our customers’ expectations and needs, we have decided to involve a group of customers in this co-creation process to fine-tune our product prior to its public launch.” said.

polygonSandeep Nailwal, co-founder of , said in a statement;

“One of the largest digital banking institutions in the world offering its own cryptocurrency is a strong testament to the utility of blockchain and crypto.”

Nubank cryptocurrency introduced its trading platform in Brazil in June. The platform reached 1 million users in a short time like a month.