Intelligent CIO LATAM Issue 36 | Page 51

CASE STUDY
“ As Nubank grows in Latin America , Talos ’ s services can scale to support their customers in other countries and currencies in the future .”
Nubank Cripto evolution
Talos ’ s order execution management technology is designed to deliver advanced trading capabilities and greater efficiency to partner companies and their end customers . One of the key features is smart order routing to various liquidity providers with whom Nubank may work .
Beyond listing new cryptocurrencies in the experience , the Nubank Cripto platform has evolved with the aim of providing even more security to its users .
The company has partnered with Fireblocks , an enterprise platform that manages digital asset operations and builds innovative Blockchain businesses .
The Talos platform for Nubank Cripto also includes algorithms developed exclusively for customer transactions , real-time market data integration , execution analysis and compliance tools .
Nubank Cripto in constant evolution
The integration with Talos comes at a time of diversification in the offering of cryptocurrencies within the Nubank Cripto experience . In 2023 alone , 11 new digital asset options have been added for trading , including the latest addition : the stablecoin USDC .
Currently , there are 15 cryptocurrencies available in the app , in addition to Nucoin , a utility token for the loyalty program .
The platform has made significant improvements in security by adopting Fireblocks ’ software for managing digital asset operations on the Blockchain .
Through this technology – which already has global adherence among the world ’ s largest crypto custodians – Nubank has developed its own custody solution for the crypto assets of Nubank Cripto customers to ensure best governance practices .
“ Our commitment is to build an even more robust platform with the best available technologies for the different profiles of customers who are interested in cryptocurrencies ,” said Thomaz Fortes .
Through this widely recognized and adopted technology by leading crypto custodians worldwide , Nubank has developed its proprietary custodial solution for Nubank Cripto customers ’ crypto assets .
This initiative ensures the implementation of the strictest governance practices in the industry . Talos also integrates with Fireblocks , ensuring efficient and automated workflows . p
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