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Latin America's Mercado Bitcoin exchange raises $200M from SoftBank cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.
Mercado Bitcoin will use the funds to expand its operations, expand supply and invest in infrastructure to meet the growing demand for cryptocurrencies in the region. TOKYO – Japan’s SoftBank Group Corp has invested $200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, said Roberto Dagnoni, executive chairman and chief executive officer of 2TM Group, the trading platform’s parent company. The investment, raised in a Series B funding round, was made through SoftBank Latin America Fund and represents the Japanese multinational company’s largest investment in a Latin American crypto company. As a result of the investment, 2TM said its valuation reached $2.1 billion. ....
Investegate |LSL Property Svcs. Announcements | LSL Property Svcs.: Sale of Investment investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Mercado Bitcoin Becomes Brazil's First Crypto Unicorn With Softbank Round forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Mercado Bitcoin pursues acquisitions with SoftBank funds Mercado Bitcoin pursues acquisitions with SoftBank funds Brazilian cryptocurrency platform shelves IPO plans but tries to attract institutional investors EquityFundsBrazilJapan Brazilian cryptocurrency platform Mercado Bitcoin could look for acquisition opportunities with the $200 million investment it received from Japan s SoftBank, Roberto Dagnoni, CEO of 2TM Group, Mercado Bitcoin s holding company, told LatinFinance on Thursday. We see M&A as an option to expand in Latin America, Dagnoni said. Cryptocurrencies are global by definition. So such expansion makes sense. Mercado Bitcoin could use the money to acquire more complementary services as it has down Already have an account? ....