Rico launches Cryptocurrency Investment Fund

Minimum investment in the Bitcoin Fund is $ 100, with administration fee of 0.40% per year

They rich, XP Inc. Financial Services Platform, which was launched on Tuesday (22) An investment fund focused on Dollar Application in Bitcoin. According to the platform, the investor is looking for exposure to the market’s main Cryptocurrency.

The minimum investment in the Bitcoin Fund is $ 100 and has an administration rate of 0.40% per year. The Rico Bitcoin Dollar Fund focuses on the general investor and has application and rescue with D+0 quotes and D+2 settlement. The product is available for all Rico customers.

“The fund was born to democratize access to Bitcoin, the most sought -after cryto among investors and it is already part of a multiple portfolio. The investor, with few clicks, can apply directly via the RICO app or site, with any practice that our platform already offers,” explains Pedro Canella, head of Rico.