Argentinian giant MercadoLibre holds $21 million in crypto assets for clients

MercadoLibre, one of Argentina's largest e-commerce platforms, announced in its quarterly earnings that it holds $21 million in cryptocurrency assets for its customers as of September 2023, compared to $15 million in December last year. The company reported third-quarter revenue of $3.8 billion and a profit of $685 million, exceeding expectations, with growth attributed to Brazil and Mexico.