StockX opened an authentication center in Mexico City, the company’s 14th in its global network.

The centers increase access to local merchandise and faster shipping for buyers, quicker payments, bulk shipping, and drop-off service for local sellers. StockX opened four new authentication centers in 2021 and noted it turned away nearly $100 million in products that did not meet guidelines for sale in 2022.

“The launch of this new authentication center in Mexico signifies our commitment to providing a safe and secure experience to our buyers and sellers around the world,” said Greg Schwartz, co-founder and COO at StockX. “Not only does this localized service allow us to meet increasing demand across the region, but it also ensures we can deliver on our promise to be a trusted global marketplace for the current culture. We’re always working to up our game, and investing in facilities, people, technology, and processes that serve our community will help us build a strong foundation for growth in Latin America.”

The center’s opening is the latest in a series of customer enhancements StockX has introduced in the Mexican market. Since 2022, consumers in the region have benefited from local language and currency and its All-In Pricing feature that matches Mexican buyers with Mexican sellers to improve shipping times and fees.

“Mexico City is home to a highly engaged community of sneaker and streetwear enthusiasts who already rely on our platform for access to coveted products and brands. That, coupled with the city’s rich history in art, music and culture, made it the perfect place for us to plant roots,” said Rodrigo Mazal, director, Mexico and Latin America. “There is a growing demand for the StockX platform across Latin America, and our first authentication center on the ground is an important step in serving our buyers and sellers in the region.”