Blockchain.com acquires the Argentine company SeSocio and strengthens its presence in Latin America

Blockchain.com, one of the most stable and reliable platforms in the crypto world, has acquired the fintech SeSocio; one of the largest companies in the cryptocurrency market in Argentina and Latin AmericaThe company announced this in a press release sent exclusively to Cointelegraph on Wednesday, December 1, 2021.

SeSocio is a fintech platform with a long history in Latin America enabling personal finance management that is focused on the world of cryptocurrencies

The purchase was made for $ 120 millionThis is the largest transaction global company Blockchain.com has made in the hope that with this purchase, digital finance in the region will serve as a stimulus for innovation and revolution for better crypto adoption across America

Blockchain.com acquires the Argentine company SeSocio and strengthens its presence in Latin America
Blockchain.com acquires the Argentine company SeSocio and strengthens its presence in Latin America

With this purchase, Blockchain.com becomes the largest company in Latin America in the crypto sector, as it has positioned itself as number one in the cryptocurrency market in Argentina as well as Brazil, Chile, Colombia and Mexico.

The company plans a physical presence in the countries by opening local offices with qualified staff, according to what is seen in communication.

According to the company, it will form a working group of professionals, including the 100 workers who are already part of SeSocio, thus reaching a team of 400 workers in the region.

Peter Smith from Blockchain.com, expressed that “Millions of people have already experienced and felt inflation in one of its worst moments, in which case new currencies emerge from nowhere and political instability occurs, creating an eternally favorable environment for cryptocurrenciesâ ????.

The main goal of the SeSocio team is to provide everyone in Latin America with access to a global platform that is secure and transparent when operating with cryptocurrencies.

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