EHOLD Group Acquires Argentinian Crypto Exchange C-Patex
July 21 2022 - 7:38AM
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Latin America is currently dominating the world regarding
integrating cryptocurrency into daily life. In 2021, the value of
the South American crypto market exploded from $68 million to an
incredible $650 million, a ten-fold increase. Such significant
growth has attracted the attention of major global blockchain
companies to the region. Known for its successful cases in the
field of creating and promoting cryptocurrency exchanges, the EHOLD
group couldn’t resist building on its success and acquired the
Argentine exchange C-Patex to exploit the opportunities in the
region to their fullest. 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 more than a million people to invest in digital assets.
Picture: Diego Aguar and EHOLD Group president, Mykola Udianskyi.
Obviously, for a team that has raised more than one exchange to the
top 50 world rankings, this is no idle interest, and the purpose of
the transaction is to secure a strong position in one of the
fastest-growing crypto markets in the world. 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
considerable resources and expertise, the C-Patex brand is assured
of success. One of EHOLD groups subsidiaries, Prof IT, has already
allocated a large team of experts to optimize and upgrade C-Patex’s
systems and software. Prof IT was founded in 2013 and has expertise
across custom blockchain software, tokenization, smart contracts,
NFTs and more. EHOLD group has lots of experience regarding crypto
exchanges, and every project they have become involved with goes on
to be a roaring success. For example, the company’s president,
Mykola Udianskyi, and CEO, Bohdan Prylepa were the brains behind
Ukraine’s first government-regulated crypto exchange, QMALL, which
was recently awarded an EU trading license and has since expanded
its operations immensely. In just six months the Ukrainian exchange
has become a European sensation. QMALL has taken full advantage of
its newfound EU license and started a launchpad for crypto startups
at the prestigious Sophia 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 know-how held within the EHOLD
group’s vast array of companies are ideally suited to helping
crypto exchanges succeed. These include companies specializing in
everything from machine learning technologies, 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 space. It’s easy to see why C-Patex appealed to EHOLD as a
brand. Combining all of this and the fact that C-Patex is located
in South America’s second-largest country by area and the
third-largest country by population, the opportunity this
acquisition presents is priceless.
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