What is 2TM & Mercado Bitcoin?

The 2TM Group is a Brazilian holding company managing a range of digital asset services and solutions. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, is the crown jewel in its portfolio. In the first five months of 2021, the exchange processed transactions totaling almost $5 billion USD in volume.

Who owns Mercado Bitcoin?

SÃO PAULO-- ( BUSINESS WIRE )--2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank Latin America Fund.

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.

Who acted as advisors to 2TM & Mercado Bitcoin?

J.P.Morgan and DealMaker acted as advisors to 2TM on the transaction. The 2TM Group is a Brazilian holding company managing a range of digital asset services and solutions. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, is the crown jewel in its portfolio.