XP (NASDAQ:) informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem — the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody.

XP said that while the initial exchange will allow the sale and purchase of cryptocurrencies, the plan is to expand the support for other digital assets as well as investment products based upon crypto assets.