Binance, the giant exchange of the crypto money industry, opened two new offices in Brazil to strengthen its position in the South American market.
According to the statement made by Binance, the stock market is already in its offices in Brazil. Larger than 150 people There is a team.
Changpeng Zhao, CEO of Binance, announced in March this year that they are planning to establish an office in Brazil as a company.
It is known that the company has been conducting strategic studies for the Brazilian market for several months. Binance officials, for example, a meeting with government officials before summer arrives performed.
Binance management also entered into an agreement in March to acquire a local securities broker registered in Brazil named Sim;paul. However, the outcome of this agreement is not yet known.
In another statement made today, Binance also announced that it has taken action to strengthen its position in the Kazakhstan market.