Bankinter Joins €30M Funding Round for Regulated Exchange Bit2Me
Spain's Bankinter has joined a €30 million funding round for Madrid-based exchange Bit2Me, signaling a growing trend of traditional finance embracing regulated cryptocurrency platforms in Europe.
The bank acquired a minority stake in Bit2Me, becoming the fourth Spanish banking institution to hold equity in the company. The investment strengthens a partnership between Bankinter and Bit2Me to explore technological synergies around distributed ledger technology solutions.
Tether led the funding round in August 2025, which also included participation from Telefónica, Investcorp, and Inveready. Bit2Me 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, stated that banks can leverage the platform's regulatory expertise rather than compete directly. Bankinter's move follows similar strategic positioning by European banks seeking exposure to digital assets through licensed partners.