Argentina, known for one of the highest cryptocurrency adoption rates globally, caught the eye of Bit2Me, leading the Spanish virtual asset company to choose Argentina as its Latin American entry point.
Partnering with Mendoza-based Rampy, they aim to implement tech and legal solutions to streamline the Spanish company’s local service integration and simplification.
Leveraging the harvest season, both firms participated in the Investment Forum and Ethereum Mendoza event to promote Web3 and crypto business opportunities with key local players, marking their initial steps towards regional expansion.
Bit2Me, distinguished as the first exchange globally authorized by the Bank of Spain, ranks as one of the most trustworthy virtual currency platforms worldwide. Offering over twenty services, including the purchase, sale, and exchange of more than 250 digital assets, high-frequency trading, and Earn for cryptocurrency yields, it serves over 2 million users across 100 countries, with a 2023 transaction volume of $2.7 billion.
Bit2Me recently announced a €14 million investment round, led by Investcorp, an alternative investment firm managing over $50 billion, alongside Telefónica Ventures and additional funding from BBVA. This capital boost will solidify its Spanish market position and fuel its Latin American expansion, targeting Argentina first, planned for May this year.
Rampy stands out in Mendoza’s fintech landscape, expertly bridging international companies with regional financial markets. It navigates accounting, tax, regulatory, and compliance challenges in each country, offering solutions for services like digital wallets and prepaid cards.
