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

🔥 Key Takeaways

  • Spain’s Bankinter joins Tether and BBVA in a $35M investment round for crypto exchange Bit2Me.
  • Bit2Me recently secured its MiCA license in 2025, signaling regulatory compliance and growth potential.
  • The move highlights increasing collaboration between traditional banks and crypto platforms in Europe.
  • This investment could accelerate institutional adoption of digital assets in Spain and beyond.

Spain’s Bankinter Backs Bit2Me in $35M Funding Round

Spanish bank Bankinter has joined stablecoin issuer Tether and fellow banking giant BBVA in a $35 million investment round for Bit2Me, one of Spain’s leading cryptocurrency exchanges. This strategic move comes shortly after Bit2Me obtained its Markets in Crypto-Assets (MiCA) license in 2025, positioning it as a fully compliant player in the European crypto market.

Growing Bank-Crypto Alliances in Europe

The participation of traditional financial institutions like Bankinter and BBVA in Bit2Me’s funding round underscores a broader trend of banks embracing digital assets. As regulatory clarity improves under frameworks like MiCA, more banks are exploring partnerships with crypto-native firms to offer secure and compliant services. This collaboration could pave the way for seamless fiat-to-crypto on-ramps and institutional-grade custody solutions.

Bit2Me’s Regulatory Milestone

Bit2Me’s acquisition of its MiCA license in 2025 marks a significant achievement, as it ensures adherence to strict EU regulations on anti-money laundering (AML) and consumer protection. The exchange has positioned itself as a bridge between traditional finance and the crypto ecosystem, offering services such as OTC trading, staking, and institutional custody. With Bankinter’s backing, Bit2Me may expand its offerings further into banking-integrated crypto products.

Implications for the Crypto Market

This investment signals growing confidence in the long-term viability of regulated crypto platforms. As more banks enter the space, institutional adoption is likely to accelerate, potentially driving liquidity and stability in the market. Spain, in particular, could emerge as a crypto hub in Europe, given its progressive stance on digital assets and strong banking infrastructure.