Particle.news

Download on the App Store

Tether Takes Minority Stake in Bit2Me with €30M Investment

The El Salvador-based venture arm aims to accelerate the Spanish exchange’s launch of MiCA-authorized services across the EU, tapping into Argentina’s growing crypto demand

Tether leads €30m investment round in spanish crypto exchange bit2me
crypto-news-Corruption-and-money-laundering-in-Tether-option07-1380x820-1
Tether takes stake in Bit2Me and leads its new funding round

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.