Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin By Cointelegraph

[ad_1]

© Reuters.

Coinbase (NASDAQ:) is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado .

According to information from Estadão, the third-largest newspaper in Brazil and read by 212 million o populace, the Coinbase acquisition could be complete by next month. Negotiations for the purchase have been taking place over the course of 2022.