Mercado Bitcoin teams up with Moss and leads the way in offsetting carbon emissions with Blockchain
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The world´s first cryptocurrency exchange to offset carbon emissions since its founding, Mercado Bitcoin will also list MOSS´ token, the MCO2
SÃO PAULO, Jan. 11, 2021 /PRNewswire/
MOSS, the world s largest carbon offset platform and first to tokenize tradable carbon credits, will offset Mercado Bitcoin s Green House Gas emissions since its founding in 2013. Mercado Bitcoin is the main cryptocurrency and digital asset platform in Latin America. More than 2 million Mercado Bitcoin customers will be able to buy and offset carbon credits via MCO2 purchases as early as January 2021.
Brazilâs top exchange announces international expansion after raising $38M Leading Brazilian exchange Mercado Bitcoin has announced a regional expansion, naming Chile, Mexico, and Argentina as likely destinations. 14882 Total views
Brazilâs largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America.
Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the âregulatory cultureâ in those countries to Brazilâs.
According to Useful Tulips, Mexico is currently the fourth-largest Latin American country by peer-to-peer Bitcoin trade volume, with Chile ranking fifth, and Argentina ranking seventh.
The strong P2P trade volume suggest there may be significant demand from local traders that is not met by centralized platforms.
Brazil’s Biggest Bitcoin Exchange Expanding to Other Countries
Mercadobitcoin is the most popular exchange in Brazil. Now it wants to be popular across Latin America.
It wants to be a top-5 cryptocurrency exchange globally.
It s looking to expand to Chile, Mexico, and Argentina, among other countries.
Brazil s most popular crypto exchange is about to expand throughout Latin America.
Founded in 2013, Mercadobitcoin is one of the oldest and best-known cryptocurrency exchanges in Brazil. It boasts more than 2 million customers and has moved over $3.7 billion in volume since its creation.
These numbers make Mercadobitcoin the largest exchange in Latin America, despite the fact that it operates almost exclusively in Brazil.
On Thursday, Latin America’s largest cryptocurrency exchange, Mercado Bitcoin of Brazil, announced that it has received a new investment round of BRL 200 million (about $37 million). Led by Brazilian private equity firm GP Investimentos and early stage VC Parallax Ventures, the new funding round will help Mercado Bitcoin to scale across Latin America, and to invest in its Bitrust qualified custodian offering for large institutional investors, and its digital wallet product, Meubank.
According to the company, Mercado Bitcoin has more than doubled its customer base to 2.2 million accounts in the last two years. In 2020, BRL 10 billion ($1.2 billion) in cryptocurrency transactions were executed on its platform, and Mercado says that trading volume in January 2021 to date has already exceeded 50 percent of the entire volume of 2021. By year end, it hopes to have obtained 3 million live customer accounts.
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Mercado Bitcoin teams up with Moss and leads the way in offsetting carbon emissions with Blockchain
Mercado Bitcoin teams up with Moss and leads the way in offsetting carbon emissions with Blockchain
The world´s first cryptocurrency exchange to offset carbon emissions since its founding, Mercado Bitcoin will also list MOSS´ token, the MCO2
SÃO PAULO, Jan. 11, 2021 /PRNewswire/
MOSS, the world s largest carbon offset platform and first to tokenize tradable carbon credits, will offset Mercado Bitcoin s Green House Gas emissions since its founding in 2013. Mercado Bitcoin is the main cryptocurrency and digital asset platform in Latin America. More than 2 million Mercado Bitcoin customers will be able to buy and offset carbon credits via MCO2 purchases as early as January 2021.