Overview
- Tether Ventures completed a €30 million funding round to acquire a minority stake in Spain-based crypto exchange Bit2Me.
- Bit2Me became the first Spanish-language fintech fully authorized under Spain’s CNMV via the EU’s MiCA framework earlier this year.
- The fresh capital will support the rollout of regulated crypto-asset services across all 27 EU member states.
- Bit2Me plans to deepen its presence in Argentina by leveraging its 2024 Virtual Asset Service Provider license.
- Key deal terms, including the exact size of Tether’s stake and Bit2Me’s new valuation, have not been disclosed.