Argentina’s Ripio acquires Brazil's second-largest crypto exchange

Cointelegraph

Published Jan 05, 2021 09:07PM ET

Updated Jan 05, 2021 10:40PM ET

Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade.

According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country by volume.

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