It was a visit that was not announced with great fanfare, but rather from discretion. The idea was to keep a low profile but not hide that the company was touring the region. In fact, one of the reasons was begin to be seen as a company with presence and interest in Latin America. This is how it was thought visit of Changpeng Zhao better known as CZ, global CEO of Binance, to Argentina. CZ’s visit was crossed by his visit to the soccer super classic, the River and Boca matchsuch as for different business meetings and to see first-hand what the Argentine market is like.
Argentina 🇦🇷 pic.twitter.com/8HNDkfHbIz
— CZ 🔶 Binance (@cz_binance) March 21, 2022
Days ago, Zhao toured Brazil, where he is considering acquiring banks and payment processors, as confirmed by Zhao himself at the EthereumRio conference. The message was given in the context of a Memorandum of Understanding (MoU) to acquire Brazilian securities brokerage Sim;Paul Investimentos earlier this week.
The company has been looking for some time to open up to new businesses not strictly related to cryptocurrencies. His recent acquisition of part of the stock package of the business magazine Forbes so it testifies, but, it is not only that. The company also has been thinking for some time about expanding its operations to NFTs and fan tokensas a way to capitalize on its position in the crypto asset market.
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