Binance, a cryptocurrency and blockchain infrastructure provider, agreed to acquire Sim Paul, a Brazilian securities brokerage firm. Financial terms were not disclosed. "At Binance, our goal is to grow adoption of crypto around the world to generate a positive impact for our users, the crypto and blockchain community, and society in general. In a fast-developing market like Brazil, crypto can transform and facilitate people's lives and as such we believe - in full collaboration with local authorities - that Binance has a lot to contribute in developing the community and ecosystem in Brazil," Changpeng Zhao, Binance Founder and CEO.