Select Page

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank
This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.

The biggest bitcoin exchange in Latin America, Mercado Bitcoin, has raised $200 million from SoftBank as announced by its parent company 2TM Group. The fundraising is the most significant series B round in the history of Latin America and values 2TM at $2.1 billion — now the eighth biggest unicorn startup there.

“Millions of people around the world are realizing that digital assets and cryptocurrencies are both innovative technologies and efficient stores of value — Brazil is no exception to that trend,” said Roberto Dagnoni, executive chairman and CEO of 2TM Group, in the announcement. “This series B round will afford us to continue investing in our infrastructure, enabling us to scale up and meet the soaring demand for the blockchain-based financial market.”

Mercado Bitcoin plans to use the round’s proceeds, representing SoftBank’s most prominent investment in a cryptocurrency company in Latin America, to increase its scale, expand its offerings and invest in infrastructure to meet demand. The company also plans to penetrate other South American markets such as Chile and Argentina.

Brazil has seen greater involvement in bitcoin trading than it has in traditional securities for a few years now. And according to the announcement, Mercado Bitcoin has processed almost $5 billion in transaction volume in the first five months of 2021 with a client base of 2.8 million — compared to a total of 3.7 million individual investors on the country’s stock exchange.

Marcelo Claure, CEO of SoftBank Group International, also commented on the series B round, saying that bitcoin and cryptocurrencies have “incredible potential in Latin America,” and later adding that SoftBank is “excited to take part in this incredible journey” with 2TM.


The Brazilian bitcoin exchange, founded in 2013, raised this latest investment just five months after its series A round in January 2021. The company’s first round was co-led by G2D/GP Investments and Parallax Ventures and advised by J.P. Morgan. Other firms that also participated in that round include HS Investimentos and Gear Ventures.


Source: Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


All In One Crypto App presents a unique dynamic crypto course that allows you to become a profitable and successful trader. Download Now

Don't forget to share your review/suggestions for android app.

All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own here



Select Sub Category


All In One Crypto App

Made $234 profit with Free Signals from $50

This is the best useful app on my phone. Started trading with $50 and in 5 weeks I was up to $234 just with the free signals. I will recommend it to any new person that wants to try trading crypto. Link to Review

Asoluka Chimdindu

Free User
All In One Crypto App

Good Support

This app is one of the best for crypto currency trading signal for experts and beginal with free and premier with auto follow trading bot all the signal is excellent with accurate technical analysis and fundamental I really like the way they guide and support. Link to Review

olaplus olaplus

Premium User
All In One Crypto App

Accurate Trading Signals

I was premium member of this channel back in 2018 when there was no app. Thr signals were too good, more than 90% accuracy. Now with this app and newly introduced auto trading bot, it will be awesome. Too the moon. Link to Review

Yogesh Patil

Premium member
All In One Crypto App

Awesome and Accurate Signals

Very glad to use this app. The crypto signals was awesome and accurate with detailed explanation and visual information. The admin also helpful and nice. Link to Review

soon cheong

Free User
All In One Crypto App

User Friendly App

Signals are great. I love it. App also friendly to use… Nice job guys Link to Review

Olawunmi Dilureni

Premium Subscriber

Recent Comments