Bit2Me Funding, Investors & Competitors

Bit2Me has raised $110M across 8 funding rounds, most recently a $35M undisclosed-stage round in August 2025.

Last Bit2Me funding round

$35M

Undisclosed stage · Aug 2025

Cumulative funding Bit2Me raised

$110M

across 8 funding rounds

Key investors in Bit2Me

Bit2Me Overview

About Bit2Me

Bit2Me is a Madrid-headquartered cryptocurrency platform offering exchange, wallet, and payment services across Europe. Regulated by the Bank of Spain, it supports over 200 digital assets including Bitcoin, Ethereum, and its native B2M token. Users trade via web, mobile app, or APIs with fiat on-ramps through SEPA transfers and credit cards. Bit2Me provides staking, lending, and NFT marketplace features alongside Bit2Me Academy for blockchain education. The company expanded into Latin America with white-label solutions for banks.


Founded

2014

HQ

SpainElche

Website

bit2me.com

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Bit2Me Funding History

Bit2Me has raised a total of $110M across 8 funding rounds.

Bit2Me's first fundraising round was a $1M seed round in December 2020. The most recent completed round was a $35M undisclosed-stage round in August 2025.

Bit2Me funding rounds

Bit2Me funding rounds
DateStageInvestorsRaisedDeal Summary
Aug 2025Undisclosed stageTether (lead)$35MBit2Me is a Spain-based digital asset platform targeting Spanish-speaking users, offering crypto transaction services, asset management, wallets, trading platforms, fiat on-ramps, and educational content via Bit2Me Academy. Registered as a Crypto-Asset Service Provider (CASP) with Spain’s CNMV under EU MiCA regulation, it holds cybersecurity and compliance certifications and serves over 7,000 businesses and millions of users worldwide. The company has prior backing from investors like Telefónica, Unicaja, Cecabank, BBVA, and Investcorp. In August 2025, Tether Ventures, the investment arm of Tether (issuer of USDT), acquired a minority stake in Bit2Me and led a €30 million (approximately $34 million or $35 million) funding round, with additional strategic investors to participate over coming months. Tether positioned the investment as support for regulated crypto services expansion in Europe and Latin America, particularly Argentina, to enhance USDT liquidity and drive mass adoption through compliant infrastructure. The funds will support operational expansion in the EU and LATAM, customer acquisition in Spanish-speaking markets, and development of regulated crypto products. Tether's CEO Paolo Ardoino praised Bit2Me's secure, transparent approach aligning with open financial systems. This round builds on Bit2Me's decade of experience and recent EU license, positioning it as a key player in European and Spanish-speaking crypto ecosystems amid growing stablecoin integration and regional DeFi adoption.
Jun 2023Undisclosed stageInvestcorp Capital (lead); Yield Guild Games; Cardano Foundation; Telefónica Innovation Ventures; StratMinds$15MBit2Me is a Spanish cryptocurrency exchange that enables users to buy, sell, send, receive, and store over 200 digital assets including Bitcoin, Ethereum, and Cardano, along with services like Bit2Me Card, Wallet, Earn, Web3MBA, and News. Registered with the Bank of Spain, it positions itself as a leading player in Europe's digital asset space with a focus on regulatory compliance and customer asset protection. On June 15, 2023, Bit2Me closed a €14 million (approximately $15 million) funding round led by Investcorp, with participation from Telefónica Ventures (converting a prior investment), Stratminds VC, Emurgo (Cardano ecosystem), and Yield Guild Games CEO Gabby Dizon. This brought Bit2Me's cumulative fundraising to $71.024 million, following a €20 million ICO in 2021. The funds aim to strengthen Bit2Me's dominance in Spain and accelerate expansion into Latin America to drive global cryptocurrency adoption and grow its customer base. Investcorp, managing over $50 billion in assets, supports via its eLydian Lion blockchain fund, while Telefónica provides regional channels.
Sep 2022Strategic investmentTelefónica (lead)$29MBit2Me is a Spanish cryptocurrency exchange and digital asset platform focused on the Spanish-speaking market, offering services for buying, selling, and custody of cryptocurrencies with regulatory compliance. In late September 2022, Telefonica invested in Bit2Me through its venture arm, with the round size reported between €20M and €30M according to La Informacion, as part of a partnership enabling crypto payments on Telefonica's Tu.com website where crypto is converted to fiat by Bit2Me. This followed Telefonica's investments in other blockchain and NFT projects like Metasoccer and funds such as Borderless Capital. A subsequent €14M investment round was closed in 2023, led by Investcorp with participation from Telefónica Ventures (converting its prior investment), Stratminds VC, Emurgo, and others including YGG CEO Gabby Dizon, aimed at global crypto adoption, customer acquisition, and expansion in Latin America during the crypto winter. Bit2Me had obtained Bank of Spain approval earlier in 2022 as the first provider for virtual currency exchange and custody. The company acquired a majority stake in Peruvian peer-to-peer crypto firm Fluyez in July 2022 to support LatAm growth. Later developments include a €30M funding round announced in August 2025, with Bankinter joining in January 2026, alongside partners like Inveready, Investcorp, Tether, BBVA, Unicaja, and Cecabank, to accelerate EU expansion following a European regulatory license on July 29, 2025, and strengthen presence in Argentina and LatAm. Bit2Me operates Bit2Me Academy for crypto education and has been awarded as a top exchange in Italy and Portugal.
Jan 2022ICOHuobi Capital (lead)$11M-
Sep 2021ICO-$6M-
Sep 2021ICO-$9M-
Aug 2021ICOSMAPE Capital; Valhalla Capital; ICON Foundation$3M-
Dec 2020SeedInveready (lead)$1M-

Who has invested in Bit2Me?

12 investors have backed Bit2Me across its funding rounds, including Inveready, Investcorp Capital, Tether, Telefónica, Yield Guild Games and Huobi Capital.

Lead investors include Tether, Investcorp Capital, Telefónica, Huobi Capital and Inveready.


Bit2Me Investors

Investors in Bit2Me by funding rounds participated
InvestorHQRoundsRoleFirst check
Huobi CapitalChinaBeijing1LeadJan 2022
Yield Guild GamesUnited StatesNew York City, NY1ParticipantJun 2023
Investcorp CapitalUAEManama1LeadJun 2023
Cardano FoundationSwitzerlandZug1ParticipantJun 2023
TetherEl SalvadorSan Salvador1LeadAug 2025
SMAPE CapitalGermanyCologne1ParticipantAug 2021
Valhalla CapitalUnited StatesUnited States1ParticipantAug 2021
ICON FoundationSwitzerlandZug1ParticipantAug 2021
TelefónicaSpainMadrid1LeadSep 2022
InvereadySpainSan Sebastián1LeadDec 2020

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Bit2Me

Bit2Me has acquired 2 companies to date.

Last acquisition by Bit2Me was on October 24th 2022. Bit2Me acquired Dekalabs for undisclosed valuation.


Latest Acquisitions by Bit2Me

Dekalabs
FluyezCambios
Description
Dekalabs is a Barcelona-based system integrator combining blockchain, machine learning, and mobile development for enterprise applications. Projects deliver decentralized identity platforms using Hyperledger Fabric, AI-driven fraud detection on Ethereum networks, and cross-platform apps with Flutter. Clients in finance and logistics deploy smart contract audits and oracle integrations. The team supports deployments on AWS and Azure with Kubernetes orchestration for scalable dApps.
FluyezCambios is a cryptocurrency exchange platform specializing in real-time pricing for digital assets. Operating primarily in Latin America, it facilitates seamless trading of major cryptocurrencies like Bitcoin and Ethereum with competitive spreads and instant execution. The platform supports peer-to-peer transactions and integrates secure wallets for user deposits and withdrawals. Headquartered in Argentina, FluyezCambios emphasizes low fees and high liquidity to attract retail traders navigating volatile markets.
HQ CountrySpainPeru
HQ City
Valencia
Lima
Deal Date24 Oct 202221 Jul 2022
Valuationundisclosed$1M
EV/Revenue
EV/EBITDA

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Investments by Bit2Me

Bit2Me has invested in 1 company to date.

Latest investment by Bit2Me was on June 2nd 2022. Bit2Me invested in Wagmi Venture Studio in their $3M Seed round.


Latest Investments by Bit2Me

Wagmi Venture Studio
Description
Wagmi Venture Studio is a Europe-based studio building web3 and AI infrastructure for blockchain, cognitive AR/VR/XR, and metaverse applications. Amsterdam-headquartered, it launches 10+ startups annually in finance, entertainment, health, and energy sectors, providing seed funding up to €500,000 and technical co-development. Since 2022, Wagmi has deployed protocols handling millions in transactions, partnering with Polygon and Optimism networks.
HQ CountrySpain
HQ City
Barcelona
Deal Date2 Jun 2022
RoundSeed
Raised$3M
InvestorsInveready
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Bit2Me Competitors

Bit2Me competitors include listed companies like Block, Coinbase and Circle, and private ones like Ripple, OKX and Kraken.

Public and private companies comparable to Bit2Me
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RippleUnited StatesSan Francisco, CAPrivate$1.2B-$50B-
BlockUnited StatesUnited StatesPublicly listed$24B$2.2B$46B1.6x
CoinbaseUnited StatesUnited StatesPublicly listed$7.2B$1.8B$46B7.6x
OKXSeychellesVictoriaPrivate$1.9B-$25B13.2x
CircleUnited StatesUnited StatesPublicly listed$2.7B($73M)$22B6.8x
KrakenUnited StatesSan Francisco, CAPrivate$2.2B$531M$21B9.5x

Bit2Me Public Comps

Bit2Me is still privately-owned, but its public comps include Strategy, Block, Coinbase, Circle, BitMine, Bullish, Galaxy Digital, Hyperliquid Strategies, Sharplink and Securitize.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
Block$24B$2.2B1.7x1.6x18.6x9.4x
Coinbase$7.2B$1.8B6.1x7.6x24.2x27.2x
Circle$2.7B($73M)7.2x6.8x(273.4x)29.6x
BitMine$6M($364M)2308.9x97.4x(38.6x)-
Bullish$245B($727M)0.0x13.5x(6.3x)38.2x
Galaxy Digital$60B($177M)0.1x0.2x(43.3x)(182.6x)
Hyperliquid Strategies$9M-308.0x162.2x--

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Common questions about Bit2Me

When was Bit2Me founded?Bit2Me was founded in 2014.
Where is Bit2Me headquartered?Bit2Me is headquartered in Elche, Spain.
Is Bit2Me publicly listed?No, Bit2Me is a private, VC-backed company.
How much funding has Bit2Me raised?Bit2Me has raised $110M across 8 funding rounds.
What was Bit2Me's last funding round?Bit2Me's last funding round was a $35M undisclosed-stage round in August 2025, led by Tether.
Who are Bit2Me's investors?Bit2Me's investors include Huobi Capital, Yield Guild Games, Investcorp Capital, Cardano Foundation, Tether, SMAPE Capital, Valhalla Capital, ICON Foundation, Telefónica, Inveready and 2 others.
Which companies are comparable to Bit2Me?Companies comparable to Bit2Me include Ripple, Block, Coinbase, OKX, Circle and Kraken.
How many companies has Bit2Me acquired?Bit2Me has acquired 2 companies, including Dekalabs and FluyezCambios.
What was the largest acquisition by Bit2Me?The $1M acquisition of FluyezCambios in July 2022 is the largest acquisition Bit2Me has made to date.
How many companies has Bit2Me invested in?Bit2Me has invested in 1 company, including Wagmi Venture Studio.
What was Bit2Me's last investment?In June 2022, Bit2Me invested in Wagmi Venture Studio's $3M seed round alongside Inveready.

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