Argentinian giant MercadoLibre holds $21 million in crypto assets for clients
MercadoLibre, one of Argentina's largest e-commerce platforms, announced in its quarterly earnings that it holds $21 million in cryptocurrency assets for its customers as of September 2023, compared to $15 million in December last year. The company reported third-quarter revenue of $3.8 billion and a profit of $685 million, exceeding expectations, with growth attributed to Brazil and Mexico.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Tips: Avoid These Common Mistakes in Your Journey
Uniswap Hits Record Volume Across Ethereum Layer-2 Networks
BItcoin Could Surpass $150,000 This Cycle, According to VanEck CEO
Bitcoin Price Drop Could Benefit the Market, Expert Says