Binance launches Medá in Mexico, plans to invest $53 million over the next four years
2025-09-01 14:10:59
Binance established Medá, a regulated fund for electronic payments (IFPE) in Mexico, and plans to invest more than 1 billion pesos (about $53 million) in it over the next four years. Medá will offer fiat deposits and withdrawals, run by an independent vertical team, focused on driving the development of Binance fintech services throughout Latin America and setting new benchmarks for innovation, compliance and user trust, officials said.
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