- Tether's $20 million investment aims to support Mercado Bitcoin's growth in payments, lending, and on-chain capital markets.
- Mercado Bitcoin currently serves 4.5 million users and has issued over 2 billion reais (approximately $387 million) in tokenized assets.
- The funding will be used to expand the exchange's payment infrastructure and grow tokenized investment products for both retail and institutional investors.
Quotes
“Mercado Bitcoin has built exactly that, a regulated, full-stack on-chain financial platform serving millions of users across one of the world's most dynamic financial markets.”
“The focus now is on building the infrastructure that will support tokenization, stablecoins, payments, and capital markets at scale, reshaping how money moves, investments are accessed, and capital is deployed.”