Bit2Me Launches Crypto Seizure Unit Bit2Shield
Spain's largest cryptocurrency exchange, Bit2Me, has launched a new company called Bit2Shield to help courts, police, and financial institutions trace, seize, store, and liquidate cryptocurrency linked to investigations.
The new unit, formally registered as CryptoShield S.L., will provide forensic and operational services covering digital assets from the point they are identified during an investigation through their eventual sale when ordered by authorities.
Bit2Me processed €1.5 million in seized crypto for Interpol, Europol, and Spanish police in 2025, using Blockchain analytics provider Chainalysis to trace the assets before converting them into euros for the state.
Once digital assets have been located and seized, Bit2Shield will arrange their storage in cold wallets protected by a multi-signature setup, while coordinating the process of sale when instructed by authorities. The actual crypto-to-euro conversion will be carried out through Bitcoinforme S.L., Bit2Me's entity authorized under MiCA.