Tether Takes Minority Stake in Bit2Me, Leads $34M Investment Round
Main Idea
Tether invests in Bit2Me, leading a $34M funding round to support the Spanish crypto exchange's expansion in Europe and Latin America, following Bit2Me's regulatory approval under MiCA.
Key Points
1. Tether acquires a minority stake in Bit2Me and leads a €30 million ($34 million) funding round to aid its expansion.
2. Bit2Me is the first Spanish-speaking crypto exchange to gain regulatory approval under the EU's MiCA framework, allowing it to operate across all 27 EU member states.
3. Bit2Me plans to expand into Latin America, particularly Argentina, leveraging Tether's backing to grow its infrastructure and user base.
4. Bit2Me currently serves over 1.2 million users and 7,000 businesses, with transaction volume exceeding €3 billion in 2025.
5. Tether's CEO, Paolo Ardoino, praised Bit2Me's compliance-focused approach and its potential to scale products and services.
Description
Tether, the company behind the world’s largest stablecoin USDT, has made a new investment in Bit2Me, acquiring a minority stake in the Spanish crypto platform. As part of the deal, Tether is also leading a €30 million ($34 million) funding round to support Bit2Me’s expansion across Europe and Latin America. Tether Acquires Minority Stake in Bit2Me and Leads €30 Million Funding Round. Read more: https://t.co/2Botln3Wsm — Tether (@Tether_to) August 7, 2025 The funding round is expected to close in...
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