Tether to finance expansion of Spanish exchange Bit2Me in the EU and Argentina

The platform will use the funds raised to expand its business in the EU

Tether buys stake in Spanish crypto exchange Bit2Me

07.08.2025 - 15:45

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3 min

What’s new? Tether, the issuer of the largest stablecoin USDT with a market capitalization of $164,1 billion, has purchased a minority stake in Spanish crypto exchange Bit2Me and led a 30 EUR million funding round.

Press release

What else is known? Bit2Me is a leading Spanish-language digital asset trading platform. It will use the funds raised to expand in the European Union and strengthen its operations in Latin America, particularly in Argentina.

Bit2Me was the first Spanish-language exchange to get a crypto asset service provider (CASP) license from Spain’s National Securities Market Commission (CNMV) under the EU’s Markets in Crypto-Assets (MiCA) regulation. The MiCA license allows Bit2Me to operate legally in all 27 EU member states.

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Tether CEO Paolo Ardoino noted that Bit2Me aims to create a secure and intuitive infrastructure for the digital asset ecosystem in accordance with legal requirements.

According to him, Bit2Me will contribute to Tether’s mission to create an accessible financial system of regulated crypto services in Europe and beyond.

Founded in 2014, Bit2Me has over 1,2 million individual users and 7000+ companies, with a total transaction volume exceeding 3 billion EUR.

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Earlier, Tether reported that its net profit in the second quarter and first half of 2025 amounted to $4,9 billion and $5,7 billion, respectively.

In July, Stable, a blockchain developer focused on USDT, raised $28 million from Ardoino and the Bitfinex exchange, which shares a parent company with Tether, iFinex.

Tether-backed companies have launched stablecoins in the EU in compliance with MiCA

Earlier, Tether withdrew from the EU market due to the requirements of the new legislation

Also, recently, Chris Pavlovski, CEO of Canadian video hosting service Rumble, hinted at the imminent release of the Rumble Wallet, created in partnership with Tether and Moonpay.

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