Latin America is at the moment dominating the world relating to integrating cryptocurrency into day by day life. In 2021, the worth of the South American crypto market exploded from $68 million to an unimaginable $650 million, a ten-fold improve.
Such important progress has attracted the eye of main international blockchain corporations to the area. Recognized for its profitable circumstances within the area of making and selling cryptocurrency exchanges, the EHOLD group couldn’t resist constructing on its success and bought the Argentine change C-Patex to use the alternatives within the area to their fullest.
Diego Aguar will turn out to be the managing associate and co-owner of the change. Diego is a well known Latin American opinion chief within the crypto business who’s at the moment instructing greater than 1,000,000 folks to spend money on digital property.
Image: Diego Aguar and EHOLD Group president, Mykola Udianskyi.
Clearly, for a group that has raised multiple change to the highest 50 world rankings, that is no idle curiosity, and the aim of the transaction is to safe a robust place in one of many fastest-growing crypto markets on the planet.
C-Patex was a family-run firm based mostly within the Patagonia area of Argentina till EHOLD took an curiosity within the firm. Now, with EHOLD’s appreciable assets and experience, the C-Patex model is assured of success. Certainly one of EHOLD teams subsidiaries, Prof IT, has already allotted a big group of specialists to optimize and improve C-Patex’s programs and software program.
Prof IT was based in 2013 and has experience throughout customized blockchain software program, tokenization, good contracts, NFTs and extra.
EHOLD group has a number of expertise relating to crypto exchanges, and each venture they’ve turn out to be concerned with goes on to be a roaring success. For instance, the corporate’s president, Mykola Udianskyi, and CEO, Bohdan Prylepa have been the brains behind Ukraine’s first government-regulated crypto change, QMALL, which was just lately awarded an EU buying and selling license and has since expanded its operations immensely. In simply six months the Ukrainian change has turn out to be a European sensation. QMALL has taken full benefit of its newfound EU license and began a launchpad for crypto startups on the prestigious Sophia Antipolis, the French equal of America’s Silicon Valley.
The success of QMALL is indicative; nevertheless, this model is way from the one profitable venture throughout the EHOLD group. The talents and know-how held throughout the EHOLD group’s huge array of corporations are ideally suited to serving to crypto exchanges succeed. These embody corporations specializing in all the things from machine studying applied sciences, blockchain and customized software program improvement to market analysis, information science and public relations. All this firepower signifies that the EHOLD group can effortlessly create highly effective merchandise that turn out to be primary of their house.
It’s straightforward to see why C-Patex appealed to EHOLD as a model. Combining all of this and the truth that C-Patex is positioned in South America’s second-largest nation by space and the third-largest nation by inhabitants, the chance this acquisition presents is priceless.