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Brazil’s Mercado Bitcoin is Latin America’s 1st crypto unicorn after raising US$200 million

RIO DE JANEIRO, BRAZIL - The 2TM Group, which controls cryptocurrency brokerage Mercado Bitcoin, is now worth US$2.1 billion and becomes the industry's 1st Latin American unicorn.

Mercado Bitcoin, the Brazilian exchange that has become the largest Latin American platform for trading digital assets, has announced it has received a US$200 million investment from Japan's SoftBank Latin American Fund.

This is the largest investment in a crypto company ever made by the conglomerate . . .

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