Nubank, the leading Brazilian digital bank by market value, has announced a partnership with institutional trading technology provider Talos geared toward reducing the cost of trading crypto.

"With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit from reduced costs through Talos's Smart Order Routing engine and connectivity to optimize trade execution across multiple liquidity providers," the company said in a statement.

Nubank is one of the world's largest digital banks and serves 90 million customers across Brazil, Mexico and Colombia, the company also said. The fintech launched crypto trading in May 2022 and currently offers 15 cryptocurrencies through Nubank Cripto.

"Nubank Cripto will continue to evolve as a platform …