Tether makes a strategic investment of 20 million dollars in Mercado Bitcoin to accelerate the construction of on-chain infrastructure in Latin America

Stablecoin issuer Tether announced a strategic financing round investment of $20 million in the Latin American on-chain financial services platform Mercado Bitcoin to support its development in asset tokenization, payments, credit, capital markets, and compliant digital financial services.

Founded in 2013, Mercado Bitcoin has expanded from a digital asset trading platform to a comprehensive on-chain financial infrastructure platform, covering areas such as trading services, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. The funds from this financing will primarily be used to expand payment infrastructure, increase the scale of tokenized products for institutional and retail investors, develop credit business, advance on-chain capital market construction, seek strategic cooperation opportunities, and promote international expansion.