Mercado Bitcoin has completed a $20 million strategic growth financing round, with Tether and SoftBank participating, according to an Odaily report citing Bitcoin.com News. The company said its core business is focused on financial services in Brazil. Its operations span payments infrastructure, tokenized investment products, and on-chain capital markets. The update did not disclose additional terms for the financing round. The announcement adds Tether and SoftBank to the list of participants in the raise and outlines the company’s current business focus in Brazil’s financial services segment.
Mercado Bitcoin has completed a $20 million strategic growth financing round, with Tether and SoftBank taking part, according to Odaily, which cited Bitcoin.com News.
The company said its main business is financial services in Brazil, covering payments infrastructure, tokenized investment products, and on-chain capital markets.
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