Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances

Overview

Bankinter, a prominent Spanish bank, has recently joined a significant investment round for the crypto exchange Bit2Me, contributing to a total funding of $35 million. This investment comes on the heels of Bit2Me receiving its MiCA license in 2025, indicating a growing trend of traditional financial institutions aligning with cryptocurrency platforms.

Investment Round Details

In a notable development within the financial and cryptocurrency sectors, Bankinter has entered into a funding round alongside Tether and BBVA, bringing together established banking entities and a leading crypto exchange. The investment round totals $35 million, marking a substantial financial commitment to Bit2Me, which has been gaining traction in the rapidly evolving crypto market.

The MiCA license, which Bit2Me obtained in 2025, is a significant regulatory achievement that allows the exchange to operate under the European Union’s Markets in Crypto-Assets framework. This framework aims to provide a clear regulatory environment for crypto assets, enhancing investor protection and fostering innovation within the sector. The acquisition of this license underscores Bit2Me’s commitment to compliance and its ambition to position itself as a leader in the European cryptocurrency landscape.

The collaboration between Bankinter, Tether, and BBVA reflects a broader trend where traditional banks are increasingly exploring partnerships with cryptocurrency platforms. Such alliances could potentially bridge the gap between conventional finance and the burgeoning crypto economy, enabling banks to offer more comprehensive services that include digital assets.

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The involvement of Bankinter in this investment round is particularly noteworthy as it illustrates the shifting dynamics within the financial services industry. Traditional banks are beginning to recognize the potential of cryptocurrencies and blockchain technology, leading to strategic partnerships that could redefine how financial transactions are conducted in the future.

This investment not only signifies a vote of confidence in Bit2Me’s business model but also highlights the growing acceptance of digital currencies among established financial institutions. As more banks explore opportunities within the crypto space, it raises questions about the future of banking and the role that cryptocurrencies will play in the global economy.

Impact on the crypto market

• The investment from Bankinter signifies a growing acceptance of cryptocurrency by traditional financial institutions, potentially leading to increased mainstream adoption.
• Bit2Me’s acquisition of a MiCA license may enhance regulatory clarity in the European crypto market, encouraging more businesses to explore crypto-related services.
• The collaboration between banks and crypto exchanges like Bit2Me could foster innovation and the development of new financial products that integrate digital assets.
• Increased investment from traditional banks may lead to greater stability in the crypto market, as established financial entities bring their expertise and resources to the sector.
• The partnership trend may encourage other banks to follow suit, further bridging the gap between traditional finance and the cryptocurrency ecosystem.