Investcorp, a leading global provider of alternative investment solutions, has recently led a $15 million funding round for Bit2Me, a Spanish cryptocurrency exchange and blockchain services provider. This investment marks Investcorp’s first foray into the cryptocurrency space and is part of a larger effort to diversify its portfolio.
Bit2Me was founded in 2014 and is one of the largest cryptocurrency exchanges in Spain. It provides users with access to a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and Ripple. The company also offers blockchain-based services such as smart contracts, tokenization, and asset management.
The $15 million investment from Investcorp will be used to expand Bit2Me’s operations and customer base. The funds will be used to develop new products and services, as well as to expand into new markets. Bit2Me plans to use the funds to build out its infrastructure and increase its customer base.
The investment from Investcorp is part of a larger trend of institutional investors entering the cryptocurrency space. In recent years, more traditional financial institutions have been investing in the cryptocurrency market, as they recognize the potential of digital assets and blockchain technology. This investment from Investcorp is a sign that the cryptocurrency market is maturing and becoming more attractive to institutional investors.
For Bit2Me, this investment marks an important milestone in its growth. The company has seen significant success in its home market of Spain, and this investment will allow it to expand its operations into new markets. This will give Bit2Me access to a larger customer base and provide it with the resources it needs to continue innovating and developing new products and services.
Overall, the $15 million investment from Investcorp is a sign that the cryptocurrency market is becoming more attractive to institutional investors. This investment will help Bit2Me expand its operations and customer base, allowing it to capitalize on the growing demand for digital assets and blockchain-based services.
