Tether invests in Mercado Bitcoin as blockchain finance expands in Latin America
Mercado Bitcoin will use the funding to expand tokenized finance across Latin America, adding to Tether’s growing portfolio of infrastructure investments.
Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company’s expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America.
Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading into regulated financial services, including tokenized assets, credit, stablecoin payments and cross-border services.