Huobi Ventures, the global investment arm of Huobi Group, today is announcing a strategic partnership with Bit2Me, the Spanish company that offers technological financial services based on cryptocurrencies. Under this strategic partnership, Huobi Ventures will purchase tens of millions of Bit2Me (B2M) tokens, funding the company’s future growth plans. The two parties will explore and execute long-term partnership opportunities, capitalizing on Huobi’s cutting-edge technology and resources and expanding its reach to Spanish-speaking markets around the world.
Huobi Ventures’ investment follows Bit2Me’s 20-million-euro initial coin offering in September and reflects Huobi’s interest in targeting Spanish-speaking markets around the world, which cover a population of over 500 million people. As a growing cryptocurrency company in Spain, Bit2Me offers more than 20 solutions to buy, sell and manage digital currencies and euros on a single platform. Bit2Me also plays an important role in increasing crypto adoption in Spanish-speaking markets; its education for users and media businesses, Bit2Me TV, Bit2Me News, Bit2Me Agenda and Bit2Me Academy, are aimed at educating the next generation of crypto investors. Bit2Me has facilitated more than 1.5 billion euros in transactions since launching in 2015.
“Bit2Me has a bright future. The company shares our vision of increasing global crypto adoption, and we firmly believe that it will become a leader in crypto products and services in the Spanish-speaking world,” said Unica Yin, director of strategic investments at Huobi Ventures. “We plan to partner with Bit2Me on investments, management and technology and hope to discover more mutually beneficial opportunities going forward.”
To date, Huobi has invested over $70 million across hundreds of projects in blockchains, media, stablecoins and other emerging sectors. Huobi Ventures invests in projects that have the potential to impact the broader blockchain industry and can supplement Huobi’s growing global ecosystem.
For more information about Huobi Ventures, please visit: https://huobi-ventures.medium.com/
About Huobi Ventures
Huobi Ventures is a wholly-owned subsidiary of Huobi Group that focuses on global investments. Huobi Ventures’ structure is divided into four business lines: strategic investment, strategic mergers and acquisitions, asset management and global cooperation. Thus far, Huobi Ventures has launched three funds to focus on blockchain technology, Heco Ecology and nonfungible tokens. Huobi Ventures aims to drive growth for Huobi Group and create a global ecosystem with our partners.