By Shelly Melancon (Switzerland)
SeSocio is one of the largest cryptocurrency enterprises in Argentina, employing more than 100 people in total.
In a press release issued on Tuesday, Blockchain.com, a prominent virtual currency solutions provider, stated that it has purchased SeSocio, an Argentinean crypto firm.
According to a news statement, the move is part of Blockchain.com’s aim to expand its operations throughout the Latin American area.
Following the purchase, the crypto services provider plans to expand its operations throughout the area by opening additional offices and hiring local employees.
Furthermore, Blockchain.com will incorporate SeSocio’s employees into its worldwide workforce, bringing the total number of employees to 400. SeSocio employs around 100 employees as of the time of this writing.
Both CEOs Hope For Greater Things Ahead
According to Peter Smith, CEO of Blockchain.com, over the next decade, Latin America will provide one of the most significant development prospects in the cryptocurrency industry.
Millions of people have already witnessed inflation at its ugliest, seen new currencies grow out of thin air, and witnessed political instability, all of which have contributed to creating a conducive climate for cryptocurrency.
He went on to say that by partnering with the SeSocio team, they hope to offer every Latin American exposure to a worldwide cryptocurrency platform.
SeSocio’s co-founder and CEO, Guido Quaranta, said that they are really happy with what they have been able to develop in the Latin American market and the progress they have experienced as a company thus far.
He went on to say that he knows that the future of SeSocio is bright, and he is convinced that it will flourish in this next phase of their journey together.
With the help of the Blockchain.com platform, they hope to usher in a new era of expanded crypto accessibility across Latin America and beyond.
Georgia Will Be Included In The Expansion
Cryptocurrency trading platform Blockchain.com declared the formal opening of its operations in the United States state of Georgia earlier this month.
More than ten million Georgians now have access to Blockchain.com’s offerings, following in the footsteps of other states that have opened their doors to the corporation, including Iowa, Oklahoma, and Michigan, as well as North and South Dakota.
After receiving regulatory permits in 30 jurisdictions, Blockchain.com was able to begin offering its crypto solutions in Illinois, Alaska, Florida, Delaware, New Hampshire, Oregon, and New Mexico last year.
Blockchain.com has now expanded its operations to other states. The business has great expectations for Georgia’s acceptance of its services, given the fact that the number of customers who have signed up in the state has increased by more than 500%.
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