Tether Invests $20 Million in Mercado Bitcoin to Support Latin American On-Chain Financial Infrastructure

BlockBeats News, July 7th, Tether announced that it will participate in a $20 million strategic growth funding round for the Latin American blockchain-based financial services platform Mercado Bitcoin to support its expansion in areas such as tokenization, payments, credit, capital markets, and regulated digital financial services.

Mercado Bitcoin, founded in 2013 as a digital asset exchange, has evolved into a comprehensive blockchain financial platform covering trading infrastructure, tokenized investment products, credit and lending, stablecoin payments, banking infrastructure, and cross-border financial services. The company currently serves 4.5 million users, has issued over 2 billion reais in tokenized assets, and holds more than 10 licenses in Brazil and Europe.