Tether Ventures, the investment arm of stablecoin issuer Tether, has acquired a minority stake in Spanish cryptocurrency exchange Bit2Me through a €30 million funding round. This strategic investment targets accelerated expansion across Europe and Latin America, leveraging Bit2Me's recent regulatory approval under the EU's Markets in Crypto-Assets (MiCA) framework – making it the first Spanish fintech authorized as a Crypto-Asset Service Provider.
The funding will enhance Bit2Me's operational capabilities and product offerings, with Argentina highlighted as a priority market due to high stablecoin adoption driven by economic volatility. Bit2Me CEO Leif Ferreira emphasized the alignment with Tether's "regulatory-first approach," while Tether CEO Paolo Ardoino noted Latin America's potential for "crypto-driven financial inclusion." The partnership combines Tether's global stablecoin infrastructure with Bit2Me's MiCA compliance, enabling EU-wide operations under a unified regulatory passport.