By Aluisio Alves
SAO PAULO (Reuters) – Mercado Livre announced on Thursday that it bought a stake in 2TM, the controller of Mercado Bitcoin, and blockchain platform Paxos, without disclosing the amounts, with Latin America’s largest e-commerce portal expanding its reach. bets on transactions involving digital currencies.
In a partnership with Paxos in December, Mercado Livre began offering cryptocurrency trades (bitcoin, ethereum and USDP) through its digital accounts.
Last May, Mercado Livre announced that it had purchased $7.8 million worth of bitcoin for its treasury.
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