The funding round, which Tether led last summer, also included participation from Telefónica, Investcorp, and Inveready.
Bit2Me secured authorization from Spain's securities regulator CNMV on July 29, 2025, becoming the first Spanish-speaking fintech approved as a Crypto-Asset Service Provider under the European Union's Markets in Crypto-Assets regulation.
MiCA, which took full effect in December 2024, establishes harmonized rules for cryptocurrency services across all 27 EU member states.
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Why It Matters
The investment reflects traditional banking's calculated approach to cryptocurrency infrastructure under clear regulatory frameworks.
Pablo Casadío, Bit2Me's CFO, said banks can leverage the platform's regulatory expertise rather than compete directly.
"Spain and Europe present an unbeatable scenario, and thanks to our technological and regulatory solidity, Bit2Me is the ideal partner for financial institutions to capitalize on this environment," Casadío stated.
Bankinter's move follows similar strategic positioning by European banks seeking exposure to digital assets through licensed partners.
The exchange now plans to accelerate expansion across the European Union while reinforcing operations in Argentina and other Latin American markets.
With backing from both major Spanish financial institutions and cryptocurrency-native companies like Tether, Bit2Me represents a bridge between traditional finance and digital asset infrastructure operating under EU supervision.
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Kostiantyn Tsentsura is a Content Writer at Yellow.com with over 8 years of experience in crypto, dedicating the last 4 years to writing about the industry. Based in Kyiv, he’s passionate about football, fishing, and kayaking. When he’s not tracking market trends or exploring crypto news, you’ll find him on the water—because even in crypto, sometimes it’s best to just go with the flow.
