Bitfinex & OrionX partner to accelerate crypto adoption in Latin America
Bitfinex & OrionX partner to accelerate crypto adoption in Latin America
Will support local education programs
Bitfinex has made an undisclosed investment in OrionX, one of Chile’s leading crypto exchanges, to expand its footprint in Latin America.
According to a press release, the two digital asset companies will work together to support local education programs, along with financial freedom and inclusion efforts.
“We’re excited to collaborate with Orionx as we look to expand our presence in Chile and across Latin America,” said Paolo Ardoino, CTO at Bitfinex. “This represents a major step forward in our efforts to harness the power of Bitcoin and decentralized technology to promote financial freedom and empower businesses that share our values,”
Founded in 2017, OrionX offers crypto exchange services in Chile and has plans to expand to Peru, Colombia, and Mexico and surpass one million users by 2024, according to Bitfinex.
This comes just over a month after Bitfinex Securities El Salvador was granted El Salvador’s first-ever digital asset service provider license.
The exchange also recently sponsored a three-week boot camp focused on teaching women in Paraguay basic coding skills.
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