Blockchain.com, with this deal, will incorporate over 100 professionals that are currently part of the crypto fin-tech firm
Blockchain.com announced that it would be acquiring the Argentinian crypto fin-tech firm SeSocio.com for $120 million. One of the leading crypto-currency companies in the world is Blockchain, and this is according to Forbes the largest acquisition of a Latin American crypto company to this date.
To accelerate the growth of digital finance and the adoption of crypto-currencies in LatAm is the aim of the deal. This region still has over 200 million unbanked people, and to offer them easy and secure access to financial services, this acquisition presents an opportunity. As a marketplace for investment and financing that specializes in crypto-currency, crypto fin-tech firm SeSocio.com was founded by Guido Quaranta (CEO) and Gaston Krasny (CTO) in Argentina.
According to Guido Quaranta, “We are very proud of what we have been able to build in the regional market and the growth we achieved as a business so far”. He also stated the following: “I am confident that SeSocio will thrive in this next chapter of our journey. Together with Blockchain.com we will pioneer a new era of massive access to the crypto world in Latin America and the world”.
Blockchain.com, with this deal, will incorporate over 100 professionals that are currently part of the crypto fin-tech firm.
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