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Mercado Bitcoin
Polygon Labs Look to Issue $200M Worth of Tokenized Assets in Latin America
The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.

Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.

Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
The company plans to offer financial services that combine the potential of crypto with traditional financial services.

Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance
The CVM asked the country’s largest local crypto exchange to provide data on fixed-income tokens it has issued since January 2020.

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM
2TM was valued at $2.1 billion in July 2021 after its holding Mercado Bitcoin received a $200 million investment from Softbank's Latin America Fund.

Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report
The company’s parent, 2TM, raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America.

Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
The company cited “the changing global financial landscape.” Its main competitor in Latin America, Bitso, laid off a similar number of people last week.

Owner of Brazil’s Largest Crypto Exchange Plans to Launch Quantitative Trading Service
The holding company for Mercado Bitcoin, which is in talks to be acquired by Coinbase, is partnering with local player Giant Steps.

Coinbase’s Potential Latin America Expansion
Coinbase is reportedly looking to acquire 2TM, the owner of Brazil’s largest crypto exchange Mercado Bitcoin. “The Hash” hosts discuss the growing interest of crypto firms like Coinbase and Binance in Latin America and why that region is seeing widespread cryptocurrency adoption for peer-to-peer exchanges.
