TLDR:
- Tether takes a minority stake in Bit2Me to expand its reach into Spanish-speaking crypto markets.
- Bit2Me is the first Spanish-language platform approved under the EU’s MiCA regulatory framework.
- The €30M raise will fuel Bit2Me’s growth across Europe and Latin America, including Argentina.
- Tether’s investment signals interest in regulated, high-growth markets with rising crypto adoption.
Tether is planting its flag deeper into Europe. It’s backing Bit2Me, a Spanish-language crypto platform, and leading a fresh €30 million funding round. The investment comes at a time when regulated crypto services are gaining ground fast across the European Union.
Tether’s move is about positioning. Bit2Me now has the firepower to chase bigger markets across Europe and Latin America.
A Strategic Stake in the Spanish-Speaking Market
Tether confirmed the move in a blog post dated August 7. The company acquired a minority stake in Bit2Me while leading the new funding round. That round is expected to close in the coming weeks.
The backing marks a direct push into Spanish-speaking markets. Bit2Me, founded in 2014, already serves over 1.2 million users and 7,000 companies. The firm has handled more than €3 billion in transactions so far this year.
According to Tether CEO Paolo Ardoino, Bit2Me’s focus on compliance and transparency stood out. He noted the company’s work aligns with Tether’s push for open financial systems.
Bit2Me recently reached a key regulatory milestone. It became the first Spanish-speaking exchange to gain full approval under the EU’s Markets in Crypto-Assets (MiCA) law. Spain’s CNMV issued the license, authorizing Bit2Me as a Crypto-Asset Service Provider.
This clears the way for operations across all 27 EU countries. That puts Bit2Me in a rare position. Few platforms have MiCA approval yet, and fewer still are focused on the Spanish-speaking world.
Bit2Me’s team sees this as a launchpad. With EU-wide access now official, the Tether-backed platform can push deeper into both developed and emerging markets.
Tether Targets Growth Regions
The funding round also aims to strengthen Bit2Me’s presence in Latin America. Argentina, in particular, is on the radar. That region has shown growing demand for regulated stablecoins and crypto infrastructure.
With inflation and currency instability still widespread, local adoption of digital assets is climbing. Bit2Me plans to offer products that cater to this need, backed by new capital and a heavyweight investor.
Tether’s minority investment gives it a seat at the table, not just in Europe but across a fast-growing corridor that stretches into Latin America.
Bit2Me executives say the partnership is a turning point. Co-founder Andrei Manuel called it a “transformational moment” for the company. With Tether involved, the focus now shifts to scaling fast.
CFO Pablo Casadío said the firm’s reputation for regulatory trust and transparency helped secure the deal. Now, they’re setting sights on product growth, user onboarding, and geographic expansion.
