Latin America currently dominates the world in terms of integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market grew from $68 million to an incredible $650 million, a tenfold increase.
Such significant growth has caught the attention of leading global blockchain companies in the region. Known for its successful cases in the field of creating and promoting cryptocurrency exchanges, EHOLD Group could not resist building on its success and acquired Argentine exchange C-Patex to take full advantage of the opportunities in this sector.
Diego Aguar will become the managing partner and co-owner of the exchange. Diego is a well-known Latin American opinion leader in the crypto industry who is currently teaching over a million people how to invest in digital assets.
Photo: Diego Aguar and the President of Ahold Group, Mykola Udiski.
Obviously, for a team that has propelled more than one exchange into the top 50 world rankings, this is no wasteful interest, and the transaction aims to secure a strong position in one of the fastest growing crypto markets in the world. Is.
C-Patex was a family-run company based in the Patagonia region of Argentina, until EHOLD took an interest in the company. Now, with EHOLD’s ample resources and expertise, the success of the C-Patex brand is assured. Pro IT, one of the subsidiaries of the EHOLD Group, has already assigned a large team of experts to optimize and upgrade C-Patex’s systems and software.
Pro IT was founded in 2013 and specializes in custom blockchain software, tokenization, smart contracts, NFTs and more.
The EHOLD Group has a lot of experience with regards to crypto exchanges, and every project they have been involved in has been a resounding success. For example, the company’s president, Mykola Udiansky, and CEO, Bohdan Prilepa were the brains behind Ukraine’s first government-regulated crypto exchange, QMAL, which was recently awarded an EU business license and has been operating since then. has been greatly expanded. In just six months the Ukrainian exchange has become a European sensation. QMALL has taken full advantage of its new EU license and launched a launchpad for crypto startups in the iconic Sofia Antipolis, the French equivalent of America’s Silicon Valley.
The success of QMALL is indicative; However, this brand is far from the only successful project within the EHOLD Group. The skills and knowledge held within the vast array of EHOLD Group companies are ideally suited to help crypto exchanges succeed. These include companies specializing in everything from machine learning technology, blockchain and custom software development to market research, data science and public relations. All this firepower means that the EHOLD group can effortlessly create powerful products that become number one in their place.
It’s easy to see why C-Patex attracted EHOLD as a brand. Combined with all this and the fact that C-Patex is located in South America’s second largest country by area and third largest by population, the opportunity this acquisition provides is invaluable.