Popularna berza Huobi Global preuzima Bitex Exchange sa sedištem u Latinskoj Americi

• Bitex serves the people of Argentina, Uruguay, Paraguay, and Chile.
• Latin America’s crypto use increased by 1,370 percent between 2019 and 2021.

Huobi Global, the world’s top crypto asset exchange, revealed on Thursday that it had acquired Bitex, istaknuti kriptovaluta exchange in Latin America.  Despite Huobi now being the parent firm of Bitex, which was established in 2014, the trading platform will continue to use its current branding and management team.

Global Expansion in Consideration

Bitex serves the people of Argentina, Uruguay, Paraguay, and Chile with digital currency services. Since its population is approximately 665 million, Latin America has constantly held a position of fifth place in the world for cryptocurrency adoption.

Jeffrey Ma, Huobi Group’s global head of mergers and acquisitions, said:

“Otkad je Huobi Grupa prvi put ušla na tržište Latinske Amerike, tamo smo vidjeli značajan rast i raspoloženi smo za naše izglede za regiju. Zadovoljstvo nam je partnerstvo sa etabliranim igračem kao što je Bitex, jer želimo da povećamo svoj otisak u Latinskoj Americi. Naše partnerstvo će omogućiti većem broju korisnika da trguju uz Huobi dokazanu sigurnost, likvidnost i stabilnost.”

Huobi will connect its platform with the Bitex system, while Bitex retains its personnel and logo. All Bitex users will now have access to Huobi’s Global’s trading engine’s digital currency offerings.

Since the debut of Huobi in 2019, it has been looking to expand its influence in Latin America. According to the business, Latin America’s crypto use increased by 1,370 percent between 2019 and 2021. With $11.7 billion in assets under management, HuobiGlobal is the third-largest cryptocurrency exchange globally by trading volume. Francisco Buero, the CEO of Bitex, feels that Huobi will aid the company’s growth ambitions.