Overview

• Binance committed more than 1 billion Mexican pesos (about $53 million) over the next four years to build out Medá.
• Medá is authorized to process deposits, withdrawals, and transfers in Mexican pesos within the Binance ecosystem.
• The entity operates separately from Binance’s global exchange, aligning with regulatory expectations and linking to traditional banking rails.
• Binance says the initiative is designed to broaden financial inclusion and increase competition in Mexico while positioning the country as its Latin America hub.
• The move expands Binance’s licensed footprint across more than 20 jurisdictions, including France, Japan, and Brazil.