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Spanish bank Unicaja invests in crypto exchange Bit2Me

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2024-07-22 11:06:47
Last week, Unicaja, one of Spain's top five banks, said its venture capital arm invested in cryptocurrency exchange Bit2Me. The startup, which has more than a million customers, is the first cryptocurrency service provider to be registered with a Spanish bank. Terms of the deal were not announced, but the Spanish bank holds more than 5 percent of the exchange and has joined its board of directors. In addition, the two companies also signed a business cooperation agreement.
The bank wants a technology partner to explore three emerging areas: new opportunities arising from the European Union's MiCA regulations; asset tokenization and broader blockchain under the DLT pilot regime; and the digital euro.
In addition, Bit2Me plans to offer Unicaja banking services to its customers.
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