January 24, 2022 |
MercadoLibre, the biggest e-commerce company in Latin America, has taken perhaps its biggest step into the blockchain and cryptocurrency businesses by acquiring stakes in two companies, a move seen as helping drive the growth of digital currencies in the region.
Buenos Aires-based MercadoLibre said Thursday that it had acquired shares in São Paulo-based 2TM Group, a financial technology firm that runs Mercado Bitcoin, the biggest cryptocurrency exchange in Latin America. MercadoLibre also made "
Argentine e-commerce firm acquires stakes in Brazil's 2TM and New York-based Paxos