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What is 2TM & Mercado Bitcoin?

The 2TM Group is a Brazilian holding company managing a range of digital asset services and solutions. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, is the crown jewel in its portfolio. In the first five months of 2021, the exchange processed transactions totaling almost $5 billion USD in volume.

Did Mercado Bitcoin raise $200 million from SoftBank Latin America Fund?

Got it! Brazil’s leading cryptocurrency exchange, Mercado Bitcoin raised $200 million from the SoftBank Latin America Fund, Mercado’s parent company 2TM Group announced today. The investment values 2TM Group at $2.1 billion and is SoftBank’s largest capital injection in a Latin America crypto company.

Who owns Mercado Bitcoin?

SÃO PAULO-- ( BUSINESS WIRE )--2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank Latin America Fund.

Who acted as advisors to 2TM & Mercado Bitcoin?

J.P.Morgan and DealMaker acted as advisors to 2TM on the transaction. The 2TM Group is a Brazilian holding company managing a range of digital asset services and solutions. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, is the crown jewel in its portfolio.

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