BBVA Spark and Bit2Me, the leading digital asset company in the Spanish-speaking market and registered with the Bank of Spain, have just closed a financing agreement with a 'venture debt'. This agreement joins the investment that Bit2Me received in June from Investcorp, Telefónica Ventures, Stratminds and Emurgo.
With this financing from BBVA Spark, Bit2Me takes another step in the adoption of cryptocurrencies. This financing benefits from the support of the European Union and the European Investment Fund under the InvestEU Fund programme.
This movement, which comes at a turning point for the sector, where trust is being placed in exchanges that operate transparently and with a clear tax headquarters, will allow the activity of Bit2Me, the main cryptocurrency platform in Spain, to be boosted.
To Leif Ferreira, CEO and co-founder of Bit2Me, “this financing of a banking entity in a crypto company is the demonstration that the adoption that will arrive in 2024 will be at all levels.”
To Abel Peña, CSO of Bit2Me, the adoption of Bitcoin and DLT technology are at a historic moment: “We are at an early point of adoption, but with the potential for global adoption as institutional and financial entities begin to use them widely,” says Peña .
