Tether, through its subsidiary Tether Ventures, led a 30 million euro financing for the Spanish cryptocurrency exchange Bit2Me, acquiring a minority stake. Bit2Me has been authorized by the Spanish securities regulator, becoming the first Spanish financial technology company to obtain an EU MiCA license, and plans to use this round of funding to expand its presence in the Latin American market, with a focus on expanding its business in Argentina. Existing shareholders include large Spanish institutions such as Telefónica, BBVA, and Unicaja. The specific shareholding ratio and valuation of the transaction were not disclosed.
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