RATE Group | Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Netwo…
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Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Netwo…

27 Sep Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Netwo…

Posted at 22:01h in Bitcoin News by

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Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Network

IOV Labs, the parent company of Bitcoin smart contract platform RSK, has announced the acquisition of Taringa. As a result, the Hispanic social media network’s 30 million users and 1,000+ active communities will be exposed to dapps, tokenization and P2P trading. Crypto companies acquiring traditional businesses, before introducing tokenized features, is now a growing trend.

Also read: Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

RSK to Roll Out Tokenized Services to 30 Million Latin American Users

Taringa is a Spanish language social network that feels like a cross between Reddit and Facebook. It’s particularly popular in Argentina, Spain, Colombia, Chile, Peru and the U.S. Spanish-speaking community, and is the second most popular social network in Argentina after Facebook. It is now the property of IOV Labs, best known for creating RSK. Given that senior RSK team members hail from Argentina, and are looking for ways to increase…

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