Brazil Market Moves: NG.CASH Funding, Franklin ETFs, B3 Bitcoin Futures
Brazil market moves: NG.CASH raised US$15 million led by Blockchain Capital, Franklin Templeton listed five funds on B3 and B3 added dollar bitcoin futures. The post Brazil Market Moves: NG.CASH Funding, Franklin ETFs, B3 Bitcoin Futures appeared first on The Rio Times .
Three significant developments in Brazil's financial market occurred within three days, indicating growing foreign interest in the country's financial infrastructure. NG.CASH, a US venture firm focused on digital assets, secured a $15 million strategic investment in São Paulo fintech Franklin Templeton. Blockchain Capital, the US firm behind NG.CASH, led the investment without disclosing other investors or its funding stage.
Since its founding in 2021, NG.CASH has raised a total of $65 million. Franklin Templeton entered Brazil's market for depositary receipts of exchange-traded funds (ETFs) by listing five of them on the B3 exchange, including the Franklin Bitcoin and Ethereum ETFs. B3 also opened a dollar-priced Bitcoin future on September 21, 2026, with contracts covering 0.01 Bitcoin and settling in cash against the Nasdaq Bitcoin Reference Price.
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