Bit2Me, Spain's biggest cryptocurrency exchange, says it has set up a new standalone company, Bit2Shield (registered as CryptoShield S.L.), built to help courts, police, and financial institutions track, seize, store, and sell crypto assets. The new unit will help investigators pull wallet data, find crypto assets, and prepare digitally signed forensic reports that can be used in court. And it does the rest too: fraud probes, source-of-funds certification, plus training for police, judges, and banks.
This step puts official structure around work Bit2Me was already doing for public agencies. In 2025, Bit2Me handled €1.5 million (approximately $1.74 million) in seized crypto assets for Interpol, Europol, and the Spanish police, using blockchain analytics firm Chainalysis to trace the funds. Bit2Shield will keep seized assets in multi-signature cold wallets and will organize sales only when authorities give the order, with the proceeds sent to government bank accounts in euros.
Bit2Shield fits into Bit2Me's wider move away from retail trading and toward building infrastructure for banks and public institutions. Bit2Me's investors include Bankinter, Unicaja, Cecabank, Telefónica, and Tether. But because Bit2Shield is centered on investigation, forensics, and training, it does not count as a crypto service provider under the EU's Markets in Crypto-Assets (MiCA) regulation. Any conversion of crypto assets to euros will go through Bitcoinforme S.L., a Bit2Me subsidiary that has a MiCA license from the Spanish securities regulator.