Funding Round attributes
Bit2Me, a leading digital asset platform focused on the Spanish-speaking market, has secured €30 million in a strategic investment round, with Tether, the issuer of USDT, acquiring a minority stake in the company. Tether’s involvement in the round, alongside additional strategic investors, positions the company for significant growth, particularly in Europe and Latin America.
Bit2Me, founded over a decade ago, has built a reputation for its reliable crypto infrastructure and award-winning exchange services. The platform serves as a cornerstone in the Spanish-speaking world for crypto users and businesses, providing not only exchange services but also crypto education through Bit2Me Academy. The academy is recognized as the largest Spanish-language platform for learning about cryptocurrencies, helping to educate millions about the potential and usage of digital assets.
With the backing of Tether, Bit2Me plans to expand its customer base and operations, particularly in Europe and Latin America. Andrei Manuel, co-founder and COO of Bit2Me, expressed the significance of Tether’s support, stating that having a global leader like Tether as a shareholder would elevate Bit2Me’s position in the international crypto ecosystem. Manuel emphasized that the partnership would allow Bit2Me to lead market development in Europe and Latin America, particularly in regions starting to embrace decentralized finance.
Pablo Casadio, co-founder and CFO of Bit2Me, highlighted the company’s strong investor base, which includes well-known institutions like Telefónica, Unicaja, Cecabank, BBVA, and Investcorp. He noted that with over a decade of experience, Bit2Me has earned the trust of over 7,000 businesses and millions of users worldwide. The investment from Tether marks a pivotal moment in Bit2Me’s journey, enabling the company to scale its operations, increase its customer base, and strengthen its position in the global crypto market.
Tether Ventures, based in El Salvador, is leading the operation as part of its broader strategy to support impactful tech projects in both emerging and developed markets. Paolo Ardoino, CEO of Tether, praised Bit2Me for its commitment to building secure, transparent, and regulation-compliant infrastructure. He pointed out that Bit2Me’s focus on education, transparency, and usability aligns with Tether’s vision of an open financial system that empowers individuals through technology. Ardoino expressed excitement about supporting Bit2Me’s growth and its role in developing regulated crypto-asset services in Europe and beyond.
The investment round comes at a crucial time for Bit2Me, which has recently obtained an EU regulatory license, enabling the company to accelerate its expansion across Europe. This move will strengthen its footprint in Argentina and other parts of Latin America, further establishing Bit2Me as a key player in both the European and Spanish-speaking crypto ecosystems.
In summary, Bit2Me’s €30 million funding round, led by Tether’s strategic investment, will help the company expand its offerings, strengthen its regulatory position, and grow its presence in key global markets. With its focus on secure, transparent, and user-friendly crypto solutions, Bit2Me is well-positioned to continue playing a leading role in the digital asset space.
