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Inter starts trading shares on Nasdaq, an American technology exchange

Inter started this Thursday (23) to trade shares on Nasdaq, a technology exchange in New York, in the United States.

As a result, the assets BIDI3, BIDI4 and BIDI11, which had been trading on B3 since the institution’s IPO in 2018, will be migrated to Inter&Co on the American stock exchange, with the code INTR. At the time of the premiere, Times Square turned orange as it broadcast images of the Inter logo.

“It’s a dream come true. We are entering the American stock market, and we want to open the doors to immigrants, to Americans, so that everyone can have and take the best advantage of our services, and of course, all our technology”, said João Vitor Menin, CEO of Inter, in a ceremony of launch.

Shareholders can invest directly in Nasdaq or use the bank’s application to convert BDRs (Brazilian Depositary Receipts).

Nasdaq specializes in companies in the technology sector and, with the migration, Inter hopes to diversify the base of investors, services, products and customers.

The institution also wants to expand its business in the international market and replicate the super application model with baking, national and international investments, international remittances, insurance and marketplace globally.

Today with more than 20 million customers, Inter has been in the market since the 1990s, but launched the first 100% digital account in 2015.

Founder and chairman of the board of MRV Engenharia, businessman Rubens Menin is also the controller of Inter, Log Commercial Properties and CNN Brazil .

*Posted by Ligia Tuon

Source: CNN Brasil

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