Tether (CRYPTO: $USDT) is investing $20 million in Mercado Bitcoin, backing one of Latin America's largest regulated crypto platforms as tokenization, stablecoin payments and onchain financial services gain ground across the region.
The investment is part of a strategic growth financing round for Mercado Bitcoin, which has expanded from a digital ******* et exchange into a broader financial services platform spanning tokenized investments, credit, payments, banking infrastructure and cross-border services.
Mercado Bitcoin serves 4.5 million users and has issued more than R$2 billion in tokenized ******* ets. The company also operates through more than 10 licenses across Brazil and Europe, including a Payment Institution license from Brazil's central bank, broker-dealer capabilities, a securitization platform and ******* et management operations.
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The investment is part of a strategic growth financing round for Mercado Bitcoin, which has expanded from a digital ******* et exchange into a broader financial services platform spanning tokenized investments, credit, payments, banking infrastructure and cross-border services.
Mercado Bitcoin serves 4.5 million users and has issued more than R$2 billion in tokenized ******* ets. The company also operates through more than 10 licenses across Brazil and Europe, including a Payment Institution license from Brazil's central bank, broker-dealer capabilities, a securitization platform and ******* et management operations.
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