Bankinter Joins €30M Bit2Me Funding Round, Signaling Traditional Finance's Crypto Shift
Spanish bank Bankinter has become the latest traditional institution to invest in regulated cryptocurrency platforms. It joined a €30 million funding round led by stablecoin issuer Tether in August 2025, acquiring a minority stake in Bit2Me.
The investment marks another step towards a growing alliance between traditional finance and regulated crypto platforms in Europe. Bankinter joins fellow Spanish banks BBVA, Unicaja, and Cecabank as shareholders in the Madrid-based exchange.
According to Bit2Me, the partnership aims to explore technological synergies around distributed ledger technology solutions. The company has already secured authorization from Spain's securities regulator CNMV on July 29, 2025, becoming the first Spanish-speaking fintech approved as a Crypto-Asset Service Provider under the European Union's Markets in Crypto-Assets regulation.
Pablo Casadío, Bit2Me's CFO, emphasized that banks can leverage the platform's regulatory expertise rather than compete directly. The exchange plans to accelerate expansion across the European Union while reinforcing operations in Argentina and other Latin American markets.