The Blockchain.com service enters the Latin American market
A local cryptocurrency company, SeSocio, was acquired to develop in the region
02.12.2021 - 08:30
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What’s new? The popular Blockchain.com cryptocurrency service has published a press release about its plans to enter the Latin American market. The local cryptocurrency platform called SeSocio has been acquired for this purpose.
The Blockchain.com press release
What is known about the deal? Although the amount of the purchase is not disclosed by both companies, the Blockchain.com representatives described the deal as “the largest acquisition to date.” With it, the service will be able to quickly expand its presence in the Latin American market in countries such as Argentina, Chile, Mexico, Colombia, and Brazil.
The SeSocio company was founded in 2017. It offers users services related to investing in cryptocurrencies and the field of decentralized finance. It is known that some of the company's employees will make the Blockchain.com team once it joins.
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