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SoftBank-Backed Miami Brokerage to Start Trading Cryptocurrency

  • Avenue Securities serves many Brazilians investing in the U.S.
  • Company tripled its headcount to 300 over the past year
Roberto Lee
Roberto LeeSource: Avenue Securities

Avenue Securities, the Miami-based brokerage that specializes in serving Brazilians investing in the U.S., plans to start trading cryptocurrencies next month.

“That is beyond a shadow of a doubt the project with the biggest demand from our clients,” Roberto Lee, Avenue’s chief executive officer and founder, said in an interview. “Our surveys show that about 15% of our almost 500,000 costumers will start trading cryptocurrencies on the first day we offer the service.”