Blockchain.com Extends to Latin America with the Acquisition of SeSocio

Fazzaco learned that the leading crypto trading services provider Blockchain.com has extended its services to Latin America with the acquisition of SeSocio, one of the largest crypto companies in Argentina and one of the most prolific across Latin America.

Founded in 2017, SeSocio allows consumers to save, invest, and manage money all in one spot. Users have access to the crypto and DeFi worlds with a SeSocio card, simplifying transactions daily.

Via the acquisition, Blockchain.com will welcome SeSocio's 100 employees into its ranks, immediately bringing its global headcount to 400. Together, the teams will focus on making it easier for unbanked, underbanked and crypto-forward customers to gain access to Blockchain.com's global influence and reach.

"Latin America presents one of the largest growth opportunities in crypto over the coming decade,"said Peter Smith, Blockchain.com CEO."Millions have already seen inflation at its worst, new currencies emerge out of thin air, and experienced political instability – creating a favorable environment for crypto. With the SeSocio team, we aim to provide every Latin American with access to a global crypto platform."

"We're extremely proud of what we've been able to build in the Latin America market and the growth we've seen as a business thus far,"said Guido Quaranta, SeSocio co-founder and CEO."I am confident that SeSocio will thrive in this next chapter of our journey. Together with Blockchain.com, we will pioneer a new age of increased crypto accessibility in Latin America and beyond."

Last month, Blockchain.com has extended its services to State of Georgia, United States, following its launch of services in Florida, Alaska, Delaware, Illinois, Oregon, New Hampshire, and New Mexico last year.