[ad_1]
Bankinter, certainly one of Spain’s foremost banks, has purchased a small stake in Bit2Me, an area cryptocurrency change.
The announcement got here after Bit2Me closed a 30 million-euro ($35 million) funding spherical in August.
That spherical included Tether
$0.9986
and BBVA and was aimed toward serving to Bit2Me develop its presence in Spain and throughout the European Union.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
The way to Get Free Crypto? (Defined with Animations)
In line with Bankinter, its funding aim is to share expertise and experience with Bit2Me. The financial institution stated it desires to help Bit2Me’s plans to increase its fintech companies each domestically and inside the EU.
Amongst European crypto companies, Bit2Me ranks among the many largest. It sits fourth on the record of publicly recognized rounds, behind three earlier fundings by the Austrian change Bitpanda, which secured $263 million, $170 million, and $52 million in separate rounds.
Bit2Me additionally holds a particular place in Spain’s crypto trade. In July 2025, it turned the primary Spanish-speaking fintech to obtain official approval from Spain’s Nationwide Securities Market Fee (CNMV) as a crypto-asset service supplier below the EU’s new MiCA guidelines.
Bit2Me’s chief monetary officer, Pablo Casadío, stated the partnership reveals that banks can profit from Bit2Me’s expertise within the crypto trade.
Casadío added that the corporate’s technical basis and regulatory compliance make it a trusted accomplice for giant monetary establishments exploring digital belongings.
Previous Glory Financial institution and Digital Asset Acquisition Company (DAAQ) just lately agreed to merge and kind a brand new publicly traded enterprise referred to as OGB Monetary Firm. What does the brand new enterprise do? Learn the complete story.
[ad_2]
Source link
