Stark Bank CEO: "Brazilian Crypto Startups, One of Our Focus Areas This Year"

Source
JH Kim

Summary

  • "Stark Bank SA announced that it has selected Brazilian cryptocurrency startups as a key investment area this year."
  • "Stark CEO emphasized that the cryptocurrency market will be an important catalyst for growth in the financial industry."
  • "Stark Bank is known to have received investment from Jeff Bezos's investment company."

Brazilian internet bank Stark Bank SA has selected Brazilian cryptocurrency startups as one of its main focus areas this year.

According to a recent Bloomberg report, Rafael Stark, CEO of Stark Bank, stated, "As Donald Trump supports cryptocurrencies, the attractiveness of the market is increasing," adding that "while the traditional banking industry has avoided this area, the cryptocurrency market will be an important catalyst for future growth in the financial industry."

Previously, Stark Bank received investment from Bezos Expeditions, the investment company of Amazon founder Jeff Bezos.

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JH Kim

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