Brazilian unicorn 2TM Group, the holding company for Latin American cryptocurrency exchange MercadoBitcoin.com on Tuesday (Nov. 30) announced the second end of a $50.3 million Series B fundraising round that also closed in July with a $200 million investment by SoftBank.
Crypto and blockchain expert funds 10T and Tribe Capital, Brazilian companies Traders Club, Pipo Capital and Endeavor were among the investors in 2TM’s latest funding effort, the company announcement said.
“We have grown to more than 3.2 million customers today, which is equivalent to 80% of individual accounts at the Brazilian Stock exchange,” said CEO Roberto Dagnoni, noting 2TM will speed up its international expansion in Latin America with the fresh capital, targeting Mexico, Argentina, Chile and Colombia.
2TM has added more than 400,000 clients since starting the Series B fundraising round this summer. The company expects to have more than 100 assets listed by the end of the year.
2TM has…
#travelstartup #travelstartups