Bloomberg: Bezos-backed bank targets Brazilian crypto businesses, betting it will drive growth

Odaily News Stark Bank SA, a Brazilian online lender backed by Bezos Expeditions, has made crypto startups one of its focus areas this year, betting that the industry shunned by traditional banks will drive growth.
The Sao Paulo-based commercial bank currently works with 52 companies focused on digital currencies and blockchain technology, including Mercado Bitcoin Servicos Digitais, Transfero Swiss AG and Binance Holdings, said Rafael Stark, CEO of Stark Bank SA.
He also noted that U.S. President Donald Trump’s support for the crypto industry is making the space increasingly attractive.
Bezos Expeditions is the personal investment company of Amazon founder Jeff Bezos. It is a fund used by Bezos to manage and invest in venture capital, and has invested in many well-known companies such as Google, Twitter, Uber, Airbnb, Stripe, and SpaceX.