Acura Capital, a Brazilian Web2 investment fund with $1.8 billion in assets under management, has partnered with Patex, a Latin American blockchain ecosystem, to establish a tokenized digital bank. It is reported that the bank will provide services that combine traditional banking services with modern cryptocurrency features, including digital and crypto banking solutions, designed to meet the needs of more than 670 million users in the region.

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Odaily Planet Daily News Acura Capital, one of the largest investment institutions in Brazil, is acquiring a 10% stake in Patex, a central bank digital currency technology service provider, for US$10 million. Patex's valuation reached US$100 million in this transaction. At present, Patex focuses on the Latin American market, mainly providing central bank digital currency (CBDC) management and trading technology solutions, as well as related professional knowledge, consulting and bidding services. It also owns a cryptocurrency exchange called "C-Patex". (Crypto Slate)