key takeaways
- Tether has a minority stake in the Spanish crypto platform bit 2Me.
- Crypto Executive Services Over more than 1.2 million users and more than 7,000 companies.
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Tather said that on Thursday, the firm took a minority stake in a Spanish -speaking crypto platform bit 2 meters. The StableCoin is leading the € 30 million funding round as part of the issuer deal, which is expected to wrap in the next week.
Commenting on the latest investment, Tedhar CEO Paolo Ardoino praised BIT2ME’s commitment to the creation of a complaint, safe and intuitive ecosystem to digital assets.
He said, “They focus on education, transparency and user empowerment, which closes with the mission of Tether to enable an open financial system. Crypto services, Europe and outside it,” he said.
The investment will support the expansion of the European Union of BIT2ME and focus on its Latin American operations on Argentina.
Andrei manual, co-founder and bit 2 meter COO, Syed marked a decisive milestone for the exchange.
“With their support, we aim to accelerate our leadership in Europe and Latin America, the markets that are just beginning to unlock the power of decentralized finance,” said Maneel.
Digital asset platforms, which serve more than 1.2 million users and 7,000 companies, have been officers as a Cripto-asset service granger under this European Union markets in the Crypto-asset Regulation (MICA) by the National Securities Market Commission (CNMV) in Spain.
The authority allows BIT2Me to provide services for the use of all 27 European Union member states, the first for a Spanish-speaking exchange.
“Our strong and reliable reputation is the result of more than a decade commitment to transparency, regulation and customer-focused innovation,” said Bit 2Me’s co-finer and CFO, Pablo Cassadio. “With Tether’s support, we are now stationed for sale even more rapidly – in products, users and geographical areas.”
Tedhar has presented them in various industries. The company’s portfolio includes Italian football club Juventus, media company B Water, and Edcogro, a major Holding in a major SORCAN agriculture and energy firm, including FW.
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