Latin America is at the moment dominating the world concerning 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 instances within the discipline of making and selling cryptocurrency exchanges, the EHOLD group couldn’t resist constructing on its success and purchased the Argentine alternate C-Patex to use the alternatives within the area to their fullest.
Diego Aguar will develop into the managing companion and co-owner of the alternate. Diego is a widely known Latin American opinion chief within the crypto trade who’s at the moment instructing greater than 1,000,000 folks to put money into digital belongings.
Image: Diego Aguar and EHOLD Group president, Mykola Udianskyi.
Clearly, for a crew that has raised a couple of alternate to the highest 50 world rankings, that is no idle curiosity, and the aim of the transaction is to safe a powerful place in one of many fastest-growing crypto markets on the planet.
C-Patex was a family-run firm primarily based 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. One among EHOLD teams subsidiaries, Prof IT, has already allotted a big crew 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 lot of expertise concerning crypto exchanges, and each undertaking they’ve develop into concerned with goes on to be a roaring success. For instance, the corporate’s president, Mykola Udianskyi, and CEO, Bohdan Prylepa had been the brains behind Ukraine’s first government-regulated crypto alternate, QMALL, which was not too long ago awarded an EU buying and selling license and has since expanded its operations immensely. In simply six months the Ukrainian alternate has develop into 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 undertaking inside the EHOLD group. The abilities and know-how held inside the EHOLD group’s huge array of corporations are ideally suited to serving to crypto exchanges succeed. These embody corporations specializing in all the pieces from machine studying applied sciences, blockchain and customized software program growth to market analysis, knowledge science and public relations. All this firepower signifies that the EHOLD group can effortlessly create highly effective merchandise that develop into primary of their area.
It’s simple to see why C-Patex appealed to EHOLD as a model. Combining all of this and the truth that C-Patex is situated in South America’s second-largest nation by space and the third-largest nation by inhabitants, the chance this acquisition presents is priceless.