News+

After scoring $200 million from SoftBank, Mercado Bitcoin wants to quicken the growth of Latin America’s crypto market

Quick Take

  • Mercado Bitcoin is Brazil’s biggest crypto exchange. Its parent company is now valued at $2.1 billion.
  • The group is planning geographical expansion and acquisitions, but long term it is eyeing a bigger prize: the region’s massive population of people who lack bank accounts.
Fabrício Tota, director of Mercado Bitcoin, wants to bank Latin America's "unbanked." But his first target customers are Brazilian investors.

You must login to read this content

Bitcoin
Exchanges
Payments and Banking

Trending Stories

More
websights