“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital assets and blockchain technology represent a unique, global and collective phenomenon that breaks barriers and creates a level, open playing field for all users to achieve economic empowerment, which is very aligned with our mission as a company,” Andre Chaves, senior vice-president at Mercado Libre, said in a statement.
Source: https://www.coindesk.com/business/2022/01/21/e-commerce-giant-mercado-libre-invests-in-crypto-firms-paxos-2tm/