“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital assets and blockchain technology represent a unique, global and collective phenomenon that breaks barriers and creates a level, open playing field for all users to achieve economic … [Read more...] about E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
Paxos
E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
Starting later this month, users of Mercado Pago, Mercado Libre’s digital wallet, will be able to buy and sell bitcoin, ether and the stablecoin Pax dollar (USDP), Mercado Libre said. The minimum amount required to operate will be 1 Brazilian real, it added. Source link … [Read more...] about E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
PayPal crypto partner Paxos raises $300M
Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank.On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round included previous Paxos investors — PayPal Ventures, … [Read more...] about PayPal crypto partner Paxos raises $300M