Blockchain for Banking News

BBVA Mexico launches blockchain, web3 fund

bbva

BBVA Mexico‘s asset management division has launched its first investment fund that targets blockchain and the digital economy and will be available to any type of investor. The asset manager claims to have the largest market share in Mexico at 22%.

“The digital economy will help promote economic growth and enhance attractive investment opportunities,” said Hugo Nájera, General Director of Customer Solutions at BBVA Mexico. “With this strategy, we seek to capture profitability for our clients based on the expansion of cloud technology, digital assets, Blockchain and the new generation of the internet”.

It will invest in fintech, web3 – including blockchain and the metaverse – and tokens. The latter will include non-fungible tokens (NFTs), tokenized real estate and crypto.

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.


Image Copyright: hypnocreative / 123rf