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

Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025.

Spanish bank Bankinter has taken a minority stake in Spanish cryptocurrency exchange Bit2Me, joining stablecoin issuer Tether and other investors as traditional banks deepen their ties to the digital asset industry.

The investment, announced Wednesday, makes Bankinter the latest large financial institution to back Bit2Me following the exchange’s 30 million euros ($34.9 million) funding round announced in August. That round included Tether and Spain’s BBVA, and was aimed at supporting Bit2Me’s expansion across Spain and the wider European Union.

The scope of the investments is to “achieve technological and knowledge synergies,” while supporting Bit2Me's fintech expansion throughout Spain and the European Union, Bankinter said.

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