São Paulo based Mercado Bitcoin, one of the largest bitcoin exchanges in Latin America, raised $200 million in a Series B funding round from SoftBank Latin America Ventures, valuing the startup’s parent comany 2TM Group at over $2 billion. Other investors in the crypto startup include Parallax Ventures and GP Investments.
Founded in 2013 by Gustavo Chamati and Mauricio Chamati, Mercado Bitcoin is a cryptocurrency exchange platform that allows people to trade cryptocurrency, digital assets, and other tokens.
