Is Mercado Bitcoin the crown jewel of 2TM group?

“This makes us a somewhat unique case in the ecosystem and among our fintech peers in general – few companies have managed to reconcile over 100% year-over-year growth with a positive bottom line,” he told TechCrunch, describing Mercado Bitcoin as “the crown jewel” of 2TM Group.

Is Mercado Bitcoin a unicorn?

Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group, Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America.

How much did Mercado Bitcoin invest in Brazil?

While he declined to reveal the amount of the Mercado Bitcoin’s Series A round, he said it allowed the company to invest around $40 million in expanding its operations in Brazil this year. Today, Mercado Bitcoin has about 500 employees. That compared to around 200 a year ago.

How much money did SoftBank invest in Mercado Bitcoin?

SoftBank pours up to $150M into GBM, a Mexico City-based investment platform Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round