Latest BBVA Mexico News
Oct 27, 2022
BBVA Mexico launches blockchain, web3 fund 21 seconds ago BBVA Mexico ‘s asset management division has launched its first investment fund that targets blockchain and the digital economy and will be available to any type of investor. The asset manager claims to have the largest market share in Mexico at 22%. “The digital economy will help promote economic growth and enhance attractive investment opportunities,” said Hugo Nájera, General Director of Customer Solutions at BBVA Mexico. “With this strategy, we seek to capture profitability for our clients based on the expansion of cloud technology, digital assets, Blockchain and the new generation of the internet”. It will invest in fintech, web3 – including blockchain and the metaverse – and tokens. The latter will include non-fungible tokens (NFTs), tokenized real estate and crypto. BBVA Switzerland was one of the earlier banks to offer crypto investments directly to its clients when it launched last year and certainly one of the first that doesn’t target accredited investors . However, to open a BBVA New Gen account, clients have to deposit $10,000 or equivalent. The Spanish arm of the bank has very significant blockchain experience, having piloted a variety of blockchain bond and loan issuances for which it won an award in 2019. More recently, BBVA was involved in the IDB blockchain bond issuance that was listed on Spain’s BME stock market.
BBVA Mexico Investments
BBVA Mexico has made 1 investments. Their latest investment was in Magaluf as part of their Loan on June 6, 2020.
BBVA Mexico Investments Activity
BBVA Mexico Fund History
1 Fund History
BBVA Mexico has 1 fund, including BBVA Mexico Blockchain Fund.
BBVA Mexico Partners & Customers
2 Partners and customers
BBVA Mexico has 2 strategic partners and customers. BBVA Mexico recently partnered with Bien para Bien on March 3, 2021.
BBVA Mexico Team
4 Team Members
BBVA Mexico has 4 team members, including former President, Pablo Girault Ruiz.
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