• Bitfinex, a state-of-the-art digital asset trading platform, has entered a strategic partnership with OrionX, the leading Chilean crypto firm.
• The two entities will work together to promote financial freedom and inclusion throughout Latin America.
• OrionX is expanding its services to Mexico, Peru, and Colombia and is expected to surpass a million users by 2024.
Bitfinex Announces Strategic Partnership with OrionX
Bitfinex, a state-of-the-art digital asset trading platform announced on Wednesday May 24th that it has partnered with the leading Chilean crypto firm OrionX. According to the press release shared with Coinjournal, the two entities will work together to promote financial freedom and inclusion throughout Latin America.
Benefits of the Partnership
The partnership between Bitfinex and OrionX will allow Bitfinex to expand its presence in Latin America while indirectly reaching millions of users. Additionally, both companies will be supporting common education programs for local universities. Last month Bitfinex sponsored a coding bootcamp in Paraguay dedicated exclusively to women.
OrionX Expanding Services beyond Chile
Founded in 2017, OrionX has evolved beyond its origins as a crypto exchange to become the region’s first crypto bank offering users an expansive range of crypto-related services. The company is now preparing to expand its services beyond Chile and enter new markets including Peru, Mexico and Colombia expecting more than one million users by 2024.
Comment from CTO of Bitfinex
Paolo Ardoino CTO at Bitfinex commented “We’re excited to collaborate with Orionx as we look to expand our presence in Chile and across Latin America. This represents a major step forward in our efforts to harness the power of Bitcoin and decentralised technology to promote financial freedom and empower businesses that share our values” he said adding “We look forward to working even more closely with the team at Orionx going forward”
Benefits for OrionX
Besides benefitting from Bitfinex’s strong cryptocurrency trading expertise ,OrionX will also benefit from having access too their extensive network . Joel Vainstein co founder of orion said “ We are thrilled about this new partnership which opens up new opportunities for us“ He added „With their experience and network we can bring high quality services all over latin america“