Mercado Libre announces investments in Mercado Bitcoin and Paxos, references in cryptocurrencies digital assets management - Seite 2

“We are excited to have Mercado Libre joining 2TM and MercadoBitcoin.com as a shareholder. As a key player in the Latam tech and financial services industries, Mercado Libre can have significant impact in the further development of crypto and blockchain in the region, and we are excited to explore and work closely with the company to this end in the future,” says Daniel Cunha, Executive Vice President of Corporate Development at 2TM Group.

Walter Hessert, Head of Strategy at Paxos, added: “Mercado Libre was the first major platform to bring crypto and stablecoin access to its users in Brazil. This investment is a strong signal of the company's dedication to leading mainstream adoption of digital assets across LatAm. We are thrilled to have Mercado Libre as a partner and investor.”

Aligned with its purpose of democratizing commerce and financial services, Mercado Libre sees these initiatives in the crypto space as additional paths to improve the experience of its users, contributing to financial education and facilitating access to new opportunities for financial growth, including those who are outside the financial system. “2TM and Paxos share this vision and our conviction to continue innovating to offer solutions which improve people's lives, generate value and drive the development of our region. We want everyone to be able to access the digital assets market in a simple and transparent way, this is our goal,” adds Andre.

Through the Meli Fund, its Corporate Venture Capital arm, Mercado Libre invests and actively engages with its portfolio of outstanding and innovative companies while also unlocking synergies with its wide array of interconnected business units. It is this vision that guarantees its key role within the entrepreneurial ecosystem of Latin America, where it directly impacts hundreds of thousands of entrepreneurs and micro and small businesses.

About Mercado Libre
Founded in 1999, Mercado Libre (NASDAQ: MELI) is the leading e-commerce and digital financial services technology company in Latin America, with a presence in 18 countries. It offers a complete ecosystem of solutions so that individuals and companies can buy, sell, advertise, obtain credit and insurance, collect, send money, save, and pay for goods and services both online and in physical stores. Mercado Libre seeks to democratize commerce and financial services in Latin America, a market which offers great opportunities and high growth potential. It applies world-class technology to design intuitive solutions adapted to the regional culture to transform the lives of millions of people in the region. More information at http://investor.mercadolibre.com/