{"id":53854,"date":"2021-12-01T09:49:46","date_gmt":"2021-12-01T07:49:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53854"},"modified":"2025-09-03T17:19:17","modified_gmt":"2025-09-03T14:19:17","slug":"2tm-group-parent-of-brazils-mercado-bitcoin-closes-50-3-million-expanded-series-b-round","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/2tm-group-parent-of-brazils-mercado-bitcoin-closes-50-3-million-expanded-series-b-round\/","title":{"rendered":"2TM Group, parent of Brazil&#8217;s Mercado Bitcoin, closes $50.3 million expanded Series B round"},"content":{"rendered":"<p>2TM Group, the parent of Brazil&#8217;s cryptocurrency exchange Mercado Bitcoin, has closed an expanded Series B funding round worth $50.3 million. <a href=\"https:\/\/www.theblockcrypto.com\/linked\/125767\/brazils-2tm-raises-50-3-million-in-second-series-b-closing\"> The Block<\/a>.<\/p>\n<p>In July<a href=\"https:\/\/forklog.com\/en\/news\/softbank-invests-200-million-in-brazilian-bitcoin-exchange\"> 2TM Group attracted $200 million<\/a> from SoftBank Latin America Fund, becoming the eighth-largest <span data-descr=\"startups valued at not less than $1 billion\" class=\"old_tooltip\">unicorn<\/span> in Latin America.<\/p>\n<p>Among the new investors are the US funds 10T and Tribe Capital, as well as Brazilian companies Traders Club, Pipo Capital and Endeavour.<\/p>\n<p>2TM will deploy the raised funds to expand in Latin America. As priority markets, the company named Argentina, Chile, Colombia and Mexico.<\/p>\n<p>According to the company, Mercado Bitcoin is the leading cryptocurrency exchange in the region. From January to October, trading volume amounted to 40 billion reais (about $7.1 billion at current rates).<\/p>\n<p>Earlier in January, Mercado Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/brazilian-bitcoin-exchange-mercado-bitcoin-raises-37m-for-international-expansion\"> attracted $37.4 million<\/a> to expand its presence in Latin American markets.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2TM Group, the parent of Brazil&#8217;s cryptocurrency exchange Mercado Bitcoin, closed an expanded Series B funding round worth $50.3 million, according to The Block.<\/p>\n","protected":false},"author":1,"featured_media":53855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1437,1133],"class_list":["post-53854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-brazil","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53854"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53854\/revisions"}],"predecessor-version":[{"id":53856,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53854\/revisions\/53856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53855"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}