Tether Invests €30M in Bit2Me to Boost EU and Latin American Expansion

Tether, the world’s leading stablecoin issuer, has taken a minority stake in Bit2Me, a Spanish cryptocurrency exchange, as part of a €30 million funding round to support the company’s expansion in Europe and Latin America. This investment marks a strategic move for Tether, aligning with its broader objective to deepen its presence in regulated crypto markets [1][2]. The funding round also involved major Spanish institutions such as Telefónica, BBVA, and Unicaja, further underscoring the growing institutional confidence in digital assets [3][4].

Bit2Me recently became the first Spanish-speaking crypto exchange to receive authorization from Spain’s CNMV as a Crypto-Asset Service Provider (CASP) under the EU’s MiCA framework. This regulatory milestone enables the company to operate across all 27 EU member states, enhancing its credibility and operational reach [5]. The firm has been serving over 1.2 million users and 7,000 companies since its founding in 2014, with cumulative transaction volumes reaching over €3 billion as of 2025 [6].

Paolo Ardoino, CEO of Tether, highlighted the alignment between Tether’s mission and Bit2Me’s approach to compliance, security, and user empowerment. “Their focus on education, transparency, and user empowerment aligns closely with Tether’s mission to enable an open financial system,” he stated [2]. Andrei Manuel, COO of Bit2Me, described the partnership as revolutionary, emphasizing the opportunity to accelerate the firm’s leadership in Europe and Latin America, particularly in Argentina [4].

The new capital will be primarily allocated to regional expansion, with a focus on Argentina and other Latin American markets where demand for decentralized financial solutions is growing. Pablo Casadío, CFO of Bit2Me, credited the company’s strong growth and trusted reputation to its decade-long commitment to transparency, regulation, and innovation [6].

The funding round is expected to close in the coming weeks, positioning Bit2Me as a key player in the post-MiCA European crypto landscape while advancing decentralized finance in Spanish-speaking regions. The exact percentage of Tether’s ownership or the company’s valuation was not disclosed in the reports [6].

Source:

[1] Tether Leads €30M Investment Round in Spanish Crypto Exchange Bit2Me (https://www.coindesk.com/business/2025/08/07/tether-leads-eur30m-investment-round-in-spanish-crypto-exchange-bit2me)

[2] Tether Acquires Minority Stake in Bit2Me and Leads €30 Million Investment Round (https://www.prnewswire.com/news-releases/tether-acquires-minority-stake-in-bit2me-and-leads-30-million-investment-round-302524193.html)

[3] Tether Invests €30M in Bit2Me to Expand EU and Latin American Crypto Reach (https://www.ainvest.com/news/tether-invests-30m-bit2me-expand-eu-latin-american-crypto-reach-2508/)

[4] Tether Invests €30M in Spain's Bit2Me, Acquiring a Minority Stake to Expand EU and Latin American Operations, Particularly in Argentina (https://www.ainvest.com/news/tether-invests-30-million-bit2me-expand-eu-latin-american-operations-2508/)

[5] Tether Acquires Stake in Bit2Me, Leads €30M Funding Round (https://coinpedia.org/crypto-live-news/tether-acquires-stake-in-bit2me-leads-e30m-funding-round/)

[6] 30 Million Funding Round in Spanish Crypto Exchange Bit2Me (https://www.panewslab.com/en/articles/2f09646b-eb7e-449b-b1e1-daec2fbb712f)