Tether Acquires Minority Stake in Bit2Me to Expand European and Latin American Operations

"Cuatrecasas and McDermott, Will & Schulte have advised Tether on acquiring a minority stake in Bit2Me, a Spanish digital asset platform authorized as a Crypto Asset Service Provider. This investment will help Bit2Me expand in the EU and strengthen its presence in Latin America. The legal team from Cuatrecasas was led by Fernando Mínguez and included various specialists in different legal areas."

Cuatrecasas and McDermott, Will & Schulte acted as legal advisers to Tether in its acquisition of a minority stake in the digital asset platform Bit2Me. Tether, the largest company in the digital asset industry and issuer of the USDT stablecoin, has acquired a minority stake in Bit2Me, which is notable for being the first Spanish fintech to receive authorization from the CNMV to operate as a Crypto Asset Service Provider (CASP) under the MiCA Regulation. This investment is expected to support Bit2Me's expansion plans within the European Union and enhance its operations in Latin America. The Cuatrecasas team was led by Fernando Mínguez, who specializes in Corporate (M&A – Financial and Insurance Services), along with Carlota Tojo and Julián Ruan. The transaction also involved a multidisciplinary team from Cuatrecasas, including Álvaro Bourkaib (Intellectual and Industrial Property), Enrique Carrera (Foreign Authorisations), Rebeca Rodríguez (Tax), Miguel Sánchez Monjo (Financial Regulation), and María López Ridruejo (Competition and European Union Law).

Tether Acquires Minority Stake in Bit2Me to Expand European and Latin American Operations

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