Mercado Bitcoin Acquires $1 Million Stake In Fingerprints DAO
2TM Group, a partner company of Mercado Bitcoin, acquired a $1 million stake of $PRINTS tokens in the Fingerprints DAO, they announced on an official press release. With this acquisition, the holding company becomes part of “one of the world’s most significant NFT art-focused DAOs.” The 2TM Group is a holding company based in Brazil […]
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Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase, store, and sell bitcoin and ethereum, and also to receive Mercado Libre’s own token, mercadocoin. Mercado Pago Debuts Crypto Purchases in Mexico Mercado Pago is aiming to grow in Mexico with the introduction of cryptocurrency services. The company, which serves as a wallet arm of Mercado Libre,....
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds One of the largest Series B funding rounds in LATM The Softbank Latin America Fund has invested in Mercado Bitcoin’s parent company 2TM Group. The announcement....
After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe. Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal.The company officially announced Wednesday the acquisition of a controlling stake in CriptoLoja, a Lisbon-based crypto exchange licensed by the Portuguese central bank.Subject to approval by Banco de Portugal, the new deal intends to help 2TM start its expansion into Europe with over-the-counter....
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using these services.
Mercado Libre to Expand Crypto Offering in Latam
More companies are extending their services to include cryptocurrency in Latam. Mercado Libre, one of the biggest Latam region retailers, has plans to expand its....