• Patex, a blockchain ecosystem targeting Latin America, has partnered with Acura Capital, one of the biggest Brazilian investment firms managing $1.3 billion in assets.
• Acura Capital has acquired a 10% stake in Patex for a $10 million deal, driving up its valuation to $100 million.
• The partnership aims to drive CBDC adoption in Latin America by leveraging Acura Capital’s network and Patex’s expertise and solutions.
Patex Joins Forces with Acura Capital
Patex, the first blockchain ecosystem targeting Latin America, has joined forces with Acura Capital, one of the biggest Brazilian investment firms that manages a substantial $1.3 billion in assets.
Acura Capital Makes Significant Entry into Crypto Space
The company is making a $10 million deal with Patex, acquiring a 10% stake and driving Patex’s valuation to an impressive $100 million.
Partnership Aimed at Driving CBDC Adoption
The huge partnership with Acura Capital underscores two important aspects: an increasing institutional interest in the crypto market; and positioning Patex as a promising player in providing technical solutions related to launching Central Bank Digital Currencies (CBDC) in Latin America.
Experienced Team Leading the Way
Patex Ecosystem is being led by CEO Ricardo Da Ros and his team of experienced cryptocurrency experts including CMOs from various crypto, fintech and social media giants; CISOs from the biggest US and LATAM banks specializing in cybersecurity and financial crimes; CGAOs as Director of Global Strategy at an interstate association.
Promising Partnership Poised for Success
With a shared commitment to corporate governance and social responsibility, this partnership between one of Brazil’s biggest investment firms and Patex sets the stage for driving CBDC adoption in Latin America. It is well-positioned to spearhead CBDC trading offering transformative solutions to 670 million people across 5.5 trillion GDP region.Brazil’s Acura Capital Partners with Latin American Blockchain Ecosystem Patex for $10M Deal