With more than a million of its citizens owning crypto, governments like Spain’s are now beginning to heed the call for more flexible crypto regulation. Bit2Me’s recent entry into the Spanish regulator’s registry served as a landmark for the adoption of cryptocurrency in the country. To continue pushing for further adoption, the DeFi ecosystem must reinforce fledgling projects and initiatives to help usher in the new era for crypto in the region.
Bit2Me, a leading Spanish cryptocurrency-based fintech platform partners with Digital Finance Group (DFG), a global blockchain and cryptocurrency investment firm. As a result of the partnership, the two companies will exchange, collaborate on, and co-invest in quality early-stage projects from Spanish and Portuguese-speaking markets primed for launch.
After becoming Spain’s first officially-licensed crypto service provider, Bit2Me joins forces with DFG to exchange expertise, enhance dealflow, and ultimately propel ICO projects from its Bit2Me launchpad.
DFG is a global blockchain and digital asset investment firm with more than USD $1B AUM. Founded in 2015, DFG is committed to the long-term potential of blockchain technology and manages investments across the blockchain ecosystem. DFG’s portfolio has included equity holdings in Circle, LedgerX, Chainsafe, Bloq, Brave, Ripio, and Bitso, among others, and DFG was the lead investor in the development and launch of USDC.
“DFG has always focused on working with the most important teams and service providers, and this is most certainly one of them,” says James Wo, founder, and CEO of Digital Finance Group. “Teaming up with Bit2Me opens us up to completely new territories including the Iberian peninsula alongside much of Latin America, but more importantly, it allows us to foster promising projects which could provide these fledgling spaces much-needed credibility in the ecosystem.”
Through its partnership with Bit2Me, DFG reinforces the launch of budding crypto projects, particularly in Spain, Portugal, and Latin America. Drawing on the specific strengths of both companies in digital assets, the collaboration involves co-investment initiatives, the exchange of portfolios, and quality early-stage project recommendations. With DGF’s help, Bit2Me’s launchpad will also be optimized for Spanish- and Portuguese-speaking communities to bolster ICO projects prior to take off. This includes providing a suite of different services, including a wallet, exchange, launchpad, staking, and a crypto academy that currently boasts almost three million students.
“We’re excited to be partnering with DFG, who have proved their expertise in catalyzing the embrace of digital finance,” says Koh Onozawa, Partner and Senior VP of Bit2Me. “Sharing expertise and project recommendation will be just a small part of our wider plans for collaboration with the company.”