This article is from www.blocknews.com.br and the original article can be read here in Portuguese
Reinaldo Rabelo says that purchases will not only be made by brokers. Photo: MB
2TM, the holding company that owns Mercado Bitcoin, says it is going shopping in Mexico, Argentina, Chile, Peru and Colombia this year. But, it will not necessarily only buy cryptocurrency exchanges like Mercado Bitcoin (MB). On the contrary, it should acquire companies from other crypto segments. The statement was given by the CEO of MB, Reinaldo Rabelo, to Bloomberg Línea. Since 2021 he says that the expansion in Latin America would be this year.
2TM is in the midst of negotiations to sell a minority stake or a stake that gives control of Mercado Bitcoin to Coinbase. The company’s executives, however, avoid talking about the matter publicly. They always state that they cannot comment on a publicly traded company in the United States (USA). But in negotiations of this type, companies very rarely speak openly about the subject.
In January of this year, 2TM bought Criptoloja, a Portuguese digital asset exchange. Criptoloja started operating recently, in July 2021, after receiving the first license of its kind in the country.
The holding is an ecosystem of cryptocurrency companies, from education to crowdfunding. In addition, it bought a traditional finance company. In mid-2021, it received a contribution led by Softbank and became a unicorn. Thus, it has been buying companies at a very fast pace.