Mexican cryptocurrency platform Bitso launches in Colombia – Reuters

Mexican cryptocurrency platform Bitso launches in Colombia – Reuters

BOGOTA, May 18 (Reuters) - Mexican cryptocurrency exchange platform Bitso has begun operating in Colombia, its fourth market, where it hopes to accumulate 1 million clients just this month, co-founder and Chief Executive Daniel Vogel said.

Bitso is among Latin America's growing collection of "unicorns" - companies with a valuation of at least $1 billion - and is worth some $2.2 billion, following a 2021 funding round where it raised $250 million.

Bitso will offer customers instant transfers via the PSE payment system, sales of cryptocurrencies such as bitcoin and ether, as well as use of its new investment platform Bitso+.