July 2, 2021 |
Brazilian cryptocurrency platform Mercado Bitcoin could look for acquisition opportunities with the $200 million investment it received from Japan's SoftBank, Roberto Dagnoni, CEO of 2TM Group, Mercado Bitcoin's holding company, told LatinFinance on Thursday.
"We see M&A as an option to expand in Latin America," Dagnoni said. "Cryptocurrencies are global by definition... So such expansion makes sense."
Mercado Bitcoin could use the money to acquire more complementary services as it has down
Brazilian cryptocurrency platform shelves IPO plans but tries to attract institutional investors