Tether backs Bit2Me in €30 million funding round

Tether, the company behind the world’s largest stablecoin USDT, led Spanish digital asset firm Bit2Me’s €30 million funding round.

Tether has also acquired a minority stake in the company, the company said in an official announcement on 7th August.

Founded in 2014, Bit2Me is led by chief executive officer Leif Ferreira, who has been serving as the CEO since 2015. Bit2Me has over 1.2 million users and more than 7,000 companies, with a transaction volume exceeding €3 billion to date in 2025.

The recent funding round will facilitate the company’s global expansion across the European Union and strengthen its operations in Latin America, particularly Argentina.

This investment follows Bit2Me’s recent regulatory milestone: becoming the first Spanish-speaking exchange to receive authorization from Spain’s CNMV as a Crypto-Asset Service Provider (CASP) under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The MiCA license enables Bit2Me to legally operate across all 27 EU member states.

“Bit2Me has consistently demonstrated its commitment to building compliant, secure, and intuitive infrastructure for the digital asset ecosystem,” said Paolo Ardoino, CEO of Tether.

Andrei Manuel, Co-founder and COO of Bit2Me, said: “With their backing, we aim to accelerate our leadership in Europe and Latin America, markets that are just beginning to unlock the power of decentralized finance.”