Brazil’s biggest independent brokerage is officially joining the crypto craze -- even if it preferred not to. Grupo XP, the owner of XP Investimentos SA, is launching an exchange for Bitcoin and Ethereum trading in the coming months, Chief Executive Officer Guilherme Benchimol said at an event in Sao Paulo. Around 3 million Brazilians have exposure to Bitcoin, compared to only around 600,000 that invest in stocks, according to him, pushing the firm to venture into the business. "I must confess, this is a theme I’d rather didn’t exist, but it does," Benchimol said. "We felt obligated to start advancing in this ... (full story)