Spanish bank Bankinter has acquired a minority stake in Spanish crypto exchange Bit2Me, joining Tether and others in backing the platform. The investment follows Bit2Me’s 30 million euros funding round in August, aimed at expanding across Spain and the EU.

Bankinter’s investment in Bit2Me supports technological and knowledge synergies as the exchange expands its fintech services in Spain and the EU. The $34 million investment round is one of the largest among European crypto exchanges, ranking behind Bitpanda’s recent funding rounds.

Bit2Me became the first Spanish-speaking fintech authorized by Spain’s CNMV as a crypto-asset service provider under MiCA regulation in July 2025. Bankinter’s CFO Pablo Casadío emphasized the collaboration’s strength, highlighting Bit2Me’s technological and regulatory solidity.

Bankinter’s investment in Bit2Me reflects a trend of traditional finance institutions entering the crypto industry. Standard Chartered and Morgan Stanley have recently explored crypto offerings, with Bank of America approving Bitcoin ETFs for recommendation to wealth advisers.

Read more at Cointelegraph: Bankinter Takes Stake In Bit2Me Alongside Tether And BBVA