Tether Acquires Minority Stake in Bit2Me to Fuel European and Latin American Expansion
Tether has taken a strategic minority stake in Bit2Me as part of a €30 million funding round, accelerating the Spanish crypto platform's growth across the European Union and Latin America. The deal, expected to close within weeks, positions Bit2Me to leverage its newly acquired Crypto-Asset Service Provider authorization from Spain’s National Securities Market Commission (CNMV), enabling operations across all 27 EU member states.
The partnership will enhance Bit2Me's compliance infrastructure, security protocols, and educational initiatives. Tether's backing provides critical momentum for Bit2Me's expansion into Argentina and other LatAm markets, where demand for compliant crypto services continues to surge. This MOVE reinforces Tether's growing influence as both a stablecoin issuer and strategic investor in crypto infrastructure.