Mathisen Marketing

Your Marketing Blog

Latam Based Cryptocurrency Exchange Ripio Expands to US – Exchanges Bitcoin News

Latam Based Cryptocurrency Exchange Ripio Expands to US – Exchanges Bitcoin News

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Argentina-based cryptocurrency exchange Ripio has announced that it will expand its operations to the United States. In Latami, the company serving more than 4.5 million customers received a business license in the state of Florida and will start offering the Ripio Select program. for companies and institutional investors.

Ripio expands its operations to the United States

Ripio, one of the largest exchanges in Latam, with more than 4.5 million customers on the continent, has announced that it will expand its operations to the United States. The company received a license from the Florida Department of Financial Management to offer its range of services to US customers.

With this approval, the company is ready to bring its products to its customers in the country, including custody wallet and exchange services and the recently launched Web3 wallet. Ripio is also planning B2B integration with other companies.

Ripio decided to first introduce its Select platform, which focuses on providing crypto-based solutions to other companies and institutional investors. This is the spearhead of the company in the country, and other services will be introduced later.

For Ripio’s founder and CEO Sebastian Serrano, this is the dream of the company and its investors. In a statement provided to Livecoins, Serrano stated:

We are very happy and proud to achieve this goal, as we worked hard to be able to operate in a country like the United States, which is undoubtedly the dream and achievement of every entrepreneur.

In addition, Serrano announced that the company chose the state of Florida due to its status as a crypto hub where the Ripion Select platform has great potential.

Compliance and growth

Ripio had to meet all the requirements of the Florida Financial Code in order to operate in the state. The company is one of the few exchanges to have been audited by several Big Four firms, including PWC, KPMG and EY, and is also registered with the Financial Crimes Enforcement Network (FinCEN).

Ripio, whose latest funding round raised $50 million in September 2021, has managed to stay afloat and even expand during this downtrend in the cryptocurrency market, which has affected several crypto exchanges and lenders such as Celsius and Blockfi.

In April, the company announced its expansion into Colombia, stating that its operation would provide an economic education proposition. Later, in July, the company introduced a training textbook and launched its own metaverse Web3 compatible wallet.

What do you think about Ripio’s expansion to the United States? Let us know in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency provider in Venezuela. He describes himself as a late-game entry into the cryptosphere when the price surge occurred in December 2017. Having a background in computer technology, living in Venezuela, and having an impact on the societal level of the cryptocurrency boom, he offers a different perspective. about crypto success and how it helps the unbanked and underserved.

The authors of the picture: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for information only. It is not a direct offer or solicitation of an offer to buy or sell, or an endorsement or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author shall be liable, directly or indirectly, for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on the content, goods or services mentioned in this article.



Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • Capitol Police Officers Snub McConnell And McCarthy In Jan. 6 Medal Ceremony

    Capitol Police Officers Snub McConnell And McCarthy In Jan. 6 Medal Ceremony

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Top line A group of police officers who responded to the Jan. 6 Capitol riot and family members of one officer who died after the riot refused to shake hands with Senate Minority Leader Mitch McConnell (R-Ky.) and GOP House […]

    Read More

  • Nexo Exits US citing Regulatory Restrictions

    Nexo Exits US citing Regulatory Restrictions

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Trusted crypto lender Nexo is withdrawing its services in the US Nexo offers quick loans for crypto users Nexo takes the top spot with 66% of the votes The London-based cryptolender Nexo announced that it will withdraw its products and […]

    Read More

  • Alameda’s capital portfolio reveals highest token investments in Polygon, Hole, and Port Finance

    Alameda’s capital portfolio reveals highest token investments in Polygon, Hole, and Port Finance

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase The Financial Times recently published the equity portfolio of Alameda Capital, a quantitative cryptocurrency trading firm that fell, which revealed some interesting investments. According to the spreadsheet, FTX/Alameda’s $5.4 billion portfolio has nearly 500 illiquid investments in ten holding companies. […]

    Read More