Tether Acquires Minority Stake in Bit2Me and Leads €30M Investment Round

Tether Acquires Minority Stake in Bit2Me and Leads €30M Investment Round

Bit2Me, a prominent digital asset platform for the Spanish-speaking market, has obtained a strategic investment from Tether, the issuer of USDT and a key player in the digital asset industry. This strategic acquisition establishes Tether as the principal supporter in an investment round aimed to reach €30 million in the upcoming months, with involvement from additional strategic investors.

Bit2Me is Spain’s esteemed digital asset firm, boasting over ten years of expertise in creating crypto infrastructure and servicing the Spanish-speaking sector. Known for its dependable and award-winning exchange services, Bit2Me also promotes crypto learning through Bit2Me Academy, the largest Spanish-language educational platform on cryptocurrencies.

Andrei Manuel, co-founder and COO of Bit2Me, commented:

Having a global leader like Tether join our shareholder lineup advances Bit2Me to a new position within the global crypto ecosystem. Together, we aim to guide the market’s progression in both Europe and Latin America—a region starting to embrace decentralized finance.

Bit2Me has always adhered to a focused path centered on legality, transparency, and a firm dedication to serving our customers effectively.”

Pablo Casadio, co-founder and CFO of Bit2Me, highlighted that the company is supported by leading investors and institutions like Telefónica, Unicaja, Cecabank, BBVA, and Investcorp. He remarked:

Backed by over a decade of experience, we’ve gained the trust of over 7,000 businesses and millions of users globally.

Tether’s support marks a significant opportunity for Bit2Me to expand further in customer base, operations, and global presence.

Tether Ventures, based in El Salvador, is leading the operation, aligned with its global strategy to foster impactful tech projects in emerging and developed markets alike.

Tether’s investment in Bit2Me, along with Bit2Me’s newly secured EU regulatory license and prospective strategic partners, will empower the Spanish company to expedite its growth across the EU. It will also strengthen its presence in Argentina and other regions of Latin America, solidifying its role as a crucial player in the European and Spanish-speaking crypto ecosystems.

Paolo Ardoino, CEO of Tether, expressed:

Bit2Me demonstrates a deep commitment to creating secure, transparent, and regulation-compliant infrastructure with a user-centric approach. Their dedication to education, transparency, and usability coincides with Tether’s vision of an open financial system empowering people through technology.

We’re thrilled to back their growth and involvement in nurturing regulated crypto-asset services in Europe and beyond.

Lead image: Bit2Me team | Photo: Uncredited

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