Seven of the 10 most valuable startups in Latin America are from Brazil

The list of 10 most valuable startups in Latin America has two from the cryptocurrency sector and shows Brazilian dominance in the region.

RIO DE JANEIRO, BRAZIL - The cryptocurrency market is becoming increasingly relevant in the Latin American startup ecosystem: According to a survey published Tuesday, 6, two of the region's largest startups operate in the sector. Digital banks and real estate trading platforms are also on the list, with two representatives each.

The survey also shows that the Brazilian startup ecosystem is the most important among South America, Central America, and the Caribbean. In addition to having the largest number of "unicorns," as startups valued at more than US$1 billion are called, of which there are at least 17 in . . .

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