Share this article
Bitnexo Wins South American Final of BBVA Competition
Bitcoin-based platform Bitnexo has joint-won the Latin American final of BBVA's Open Talent competition.
Updated Sep 11, 2021, 11:52 a.m. Published Sep 15, 2015, 10:13 a.m.
Bitcoin-based platform Bitnexo has been announced as the joint winner in the Latin American final of BBVA's Open Talent competition.
STORY CONTINUES BELOW
Não perca outra história.Inscreva-se na Newsletter Crypto Daybook Americas hoje. Ver Todas as Newsletters
The startup, which intends to facilitate international money transfers between Asia and Latin America, will receive a €30,000 prize ($33,939) as well as the chance to join a two-week networking programme in Mexico and London.
The other winning company was Destacame, a Chilean startup that helps people gain access to credit.
Hugo Nájera, head of digital banking at BBVA Bancomer, commented on the innovative potential of startups in the region, saying:
"Latin American startups have demonstrated some really innovative proposals within FinTech."
BBVA's Open Talent competition features nine crypto startups and is split into three regional finals.
Bitwage
, Coinalytics, SnapCard and Voatz began competing in New York yesterday alongside startups from the US and other parts of the world. The final is due to take place today.
The European final, held in Barcelona, where Everledger, Safello and Vaultoro will compete, is scheduled for 21st and 22nd of September.
Winner image via Shutterstock.
More For You
Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
Top Stories
