May 24, 2024

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Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto

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Latam E-Commerce Giant Mercado Libre Holds  Million in Crypto
Latam E-Commerce Giant Mercado Libre Holds  Million in CryptoMercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these holdings, as its CIO Richard Cathcart explained, […]