Latin American e-commerce giant Mercadolibre announces the acquisition of crypto-trading platforms Paxos and MercadoBitcoin

2022-1-25 08:28
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On January 25, Mercadolibre, one of Latin America's largest e-commerce companies, announced investments in two cryptocurrency exchanges, Paxos and Mercado Bitcoin. Mercadolibre is involved with 2TM, the parent company of Mercado Bitcoin. The purchase price is not disclosed. Mecadolibre is a cryptocurrency friendly company. The investment in Paxos follows a partnership last year that allowed some users to invest in cryptocurrencies directly through a Mercadopago platform in Brazil.

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