Brazil Crypto Exchange Mercado Bitcoin Raises $200M From SoftBank

Share This Post

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.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Discover Fintech Startups & Investors.

drop us a line to explore synergies

This website uses cookies to ensure you get the best experience on our website.