2TM Group/Mercado Bitcoin Company Intelligence

IntelligenceMay 17, 2022, 1:57PM EDT
UPDATED: August 19, 2022, 2:16PM EDT
2TM Group/Mercado Bitcoin Company Intelligence
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Founded in 2013, Mercado Bitcoin is one of the largest crypto exchanges in Latin America. The company focuses on three values: security, liberty and transparency. Mercado Bitcoin’s parent company is 2TM Group, a holding company that Mercado Bitcoin’s founders formed to better manage the exchange’s spin-off businesses and new acquisitions. 2TM Group currently has 12 portfolio companies and other investments covering various crypto verticals. Mercado Bitcoin has +3.5 million customers and recorded R$40.3 billion in volumes traded for 2021. 2TM Group breaks down its business segments into five large groups: cryptocurrencies, digital assets, institutional infrastructure, content and education and 2TM Ventures. 2TM Group is in the process of expanding its business to other Latin American countries, including Argentina, Chile, Colombia and Mexico. The company is also eyeing on entering new global markets, acquiring a controlling stake in CriptoLoja, Portugal’s first licensed crypto exchange. After receiving +$250 million in funding through its Series A & B rounds, 2TM Group has been deploying capital through strategic acquisitions and investments to fuel its growth.

Many of these businesses are integrated closely with the Mercado Bitcoin platform, providing diversified services beyond Mercado Bitcoin’s trading functions.

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