E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM – CoinDesk

A MercadoLibre distribution center (CoinDesk Archive)
Mercado Libre, Latin America’s largest e-commerce company by market value, has invested in 2TM, the holding company for Brazil’s largest crypto exchange Mercado Bitcoin, and blockchain infrastructure company Paxos.
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Andrés Engler
Andrés Engler is a CoinDesk business reporter based in Argentina, where he covers the Latin American crypto ecosystem. He holds no crypto.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
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