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SoftBank-Backed Crypto Brokerage in Brazil Raises $50 Million

(Bloomberg)

2TM Participacoes SA, owner of the biggest Brazil-based cryptocurrency brokerage, raised $50 million as it hunts for acquisitions to expand into additional Latin American markets.

The company, backed by SoftBank Group Corp., received investments from 10T Holdings, a U.S. ....

United States , France General , Roberto Dagnoni , Gustavo Chamati , Mercado Bitcoin , Investimentos Ltda , Tc Traders Club , Softbank Group Corp , Softbank Latin America Fund , It Holdings , Evora Fund , Latin American , Tribe Capital , San Francisco Based , Gestao De Investimentos Ltda , Sao Paulo Based , Parallax Ventures , Gear Ventures , Paris Saint Germain , Latin America , Chief Executive Officer Roberto Dagnoni ,

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Peter Wall is a corporate lawyer and has been a partner at Steinepreis Paganin, a Perth-based corporate law firm, since July 2005. He has a wide range of experience in all forms of commercial and corporate law, with a particular focus on medical cannabis, resources, equity capital markets and mergers and acquisitions. He also has significant experience in d ....

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Mercado Bitcoin Raises $200M in Funding

The SoftBank Latin America Fund made the investment, which valued 2TM Group at $2.1 billion USD.
The company intends to use the funds to grow the team to 700 by the end of 2021, accelerate growth across its portfolio, which will also include digital wallet provider MeuBank, subject to regulatory approvals. In 2021, 2TM Group will also launch Bitrust, a digital custodian, subject to regulatory approval.
Led by Roberto Dagnoni, Executive Chairman & CEO, and Gustavo Chamati, Co-Founder and Board Member, 2TM Group is a Brazilian holding company managing a range of digital asset services and solutions. Mercado Bitcoin is a cryptocurrency exchange, which processed transactions totaling almost $5 billion USD in volume in the first five months of 2021. Sister companies include: ....

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Mercado Bitcoin valued at $2.1B after closing largest Series B round in LatAm history

Mercado Bitcoin valued at $2.1B after closing largest Series B round in LatAm history
invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.

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Mercado Bitcoin, Brazil's first crypto exchange, raises $200M from SoftBank – TechCrunch

Mercado Bitcoin, Brazil's first crypto exchange, raises $200M from SoftBank – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

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