March 28, 2024

EHOLD Group acquires Argentinean crypto exchange C-Patex

Latin America is beginning to dominate the world in integrating cryptocurrencies into everyday life. In 2021The capitalization of the South American crypto market soared almost 10 times: from $68 million to $650 million.

Such significant growth attracted to the regionthe attention of major global blockchain companies. Known for its successful cases in the field of creating and promoting cryptocurrency exchanges, the EHOLD group did not stand aside from new opportunities and acquired the Argentine exchange C-Patex.

What is C-Patex?

C-Patex is an Argentine exchange thathas been operating since November 2014 and offers trading in a wide pool of cryptocurrencies. Yes, there are no new ICO tokens on it, but all the leaders of the cryptocurrency world are represented here in full!

The managing partner and co-owner of the exchange will beDiego Aguar. 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.

In the photo: Diego Aguar and Nikolai Udyansky

Obviously, for a team that has raised more than onean exchange in the top 50 global rankings, this is not an idle interest, and the purpose of the transaction is the desire to secure a strong position in one of the fastest growing crypto markets in the world.

Now, using the resources and experience of EHOLD, the brandC-Patex has every chance to become not only a regional leader, but also to significantly expand its geography. Experts from Prof-IT Blockchain (one of the subsidiaries of the EHOLD group) have already started upgrading the platform and its software core.

Prof-IT Blockchain was founded in 2013 andtoday is one of the world leaders in custom blockchain software, tokenization, smart contracts, NFTs and more.

As mentioned above, the EHOLD group hasmany years of experience with crypto exchanges. Each project, in which the holding team was involved, was successful or mega successful. One of the brightest examples is the first Ukrainian regulated crypto exchange QMALL, the founders and ideological inspirers of which were the President of the EHOLD group Mykola Udyansky and CEO Bogdan Prilepa.

In just six months QMALL, from the regionalUkrainian stock exchange, became a real European sensation. The team was able to obtain a license to operate in the EU, which allowed it to significantly expand its presence in Europe. Today, QMALL is a popular crypto platform with more than half a million audience, a dozen of its own products and an office in the prestigious Sophia Antipolis, the French analogue of the American Silicon Valley.

The success of QMALL is indicative, but it is far fromthe only successful EHOLD project. The development skills and know-how that the holding companies possess are ideal for helping crypto exchanges achieve high results. From machine learning technologies, blockchain and custom software development to market research, data analysis and public relations, the EHOLD group does it all, which allows them to create world-class products.

C-Patex, without a doubt, very valuableacquisition for EHOLD. Considering that C-Patex is located in South America's second largest country by area and third by population, the opportunities this transaction presents for both companies are truly endless.

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