Blockchain.com Expands to Latin America by Acquiring SeSocio

Blockchain.com, a leading cryptocurrency services provider, announced on Tuesday that it had acquired SeSocio, an Argentinean crypto company. The manoeuvre is part of Blockchain.com’s expansion efforts across the Latin American region, according to the press release.

With the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term, the crypto services provider looks forward to building new offices across the region and recruiting locally. Moreover, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.com will bring SeSocio’s staff into its global headcount, raising it to 400. As of now, SeSocio has around 100 employees on its staff.

“Latin America presents one of the largest growth opportunities in crypto over the coming decade. Millions have already seen inflation at its worst, new currencies emerge out of thin air, and experienced political instability creating a favorable environment for crypto. With the SeSocio team, we aim to provide every Latin American with access to a global crypto platform,” Peter Smith, the CEO of Blockchain.com, commented.

Also, Guido Quaranta, the co-founder and CEO of SeSocio, said the following: “We’re extremely proud of what we’ve been able to build in the Latin America market and the growth we’ve seen as a business thus far. I am confident that SeSocio will thrive in this next chapter of our journey. Together with Blockchain.com, we will pioneer a new age of increased crypto accessibility in Latin America and beyond.”

Expansion to Georgia

Early this month, Blockchain.com announced the official launch of crypto trading services in the State of Georgia, United States. Over ten million Georgia residents can access the company’s services, following the steps of other states in opening the doors to Blockchain.com like Michigan, Oklahoma, Iowa, North and South Dakota.

Last year, the crypto services provider launched its services in Florida, Alaska, Delaware, Illinois, Oregon, New Hampshire and New Mexico with Blockchain.com being allowed to operate in 30 states following licensing approvals. The firm has high expectations about Georgia’s adoption of its services, considering that users’ sign-ups have soared over 500% in the state.