2TM is a company.
2TM Group is a Brazilian company that provides blockchain infrastructure networks for financial markets and aims to democratize cryptocurrencies and digital assets. It is the holding company of Mercado Bitcoin, the largest cryptocurrency exchange in Latin America.
Key people at 2TM.
Key people at 2TM.
# High-Level Overview
2TM Group is a leading digital asset and cryptocurrency company headquartered in Brazil that operates the largest cryptocurrency exchange in Latin America through its flagship platform, Mercado Bitcoin.[1][2] The company functions as a diversified holding company in the blockchain and Web3 sectors, combining cryptocurrency trading infrastructure with venture capital investment activities. Beyond its core exchange business, 2TM operates multiple complementary services including Meubank (a digital wallet), Bitrust (a digital asset custodian), and 2TM Ventures (a venture capital arm investing in blockchain companies globally).[1][2][3] The company's mission centers on democratizing access to digital assets and building the infrastructure for a more inclusive and efficient financial system powered by blockchain technology.[2]
2TM's strategic positioning reflects a vertically integrated approach: it operates the trading rails through Mercado Bitcoin (serving 3.2 million crypto customers as of October 2021), provides custody and wallet solutions, and actively invests in the broader blockchain ecosystem through its venture arm.[1][2] This multi-layered model allows 2TM to capture value across the cryptocurrency value chain while shaping the development of the Web3 sector through strategic investments.
2TM was founded in 2008 with a mission to revolutionize the financial market through blockchain technology.[2] The company established Mercado Bitcoin in 2013 as its primary cryptocurrency exchange platform, which became the dominant exchange in Latin America.[1][2]
The company's growth trajectory accelerated significantly through institutional backing. In July 2021, SoftBank's Latin American Fund injected $200 million in a Series B round—the largest Series B in Latin America and the biggest investment SoftBank had made in a crypto company in the region at that time.[4] This was followed by a second Series B closing in November 2021 that raised an additional $50.3 million, bringing in U.S. venture funds 10T and Tribe Capital.[4] The company was valued at approximately $2.1 billion after its Series B round.[1] In January 2022, 2TM expanded internationally by acquiring Criptoloja (rebranded as Mercado Bitcoin Portugal), marking its entry into the European market.[4]
2TM is riding the convergence of cryptocurrency adoption in emerging markets and institutional legitimacy in blockchain infrastructure. Latin America represents a critical growth region for digital assets due to currency instability, limited banking access, and high smartphone penetration—conditions that make cryptocurrency adoption particularly valuable.[2] By establishing itself as the dominant exchange while simultaneously building custody, wallet, and venture infrastructure, 2TM is positioning itself as the regional hub for the digital asset economy.
The company's venture arm reflects a broader industry trend: mature crypto platforms are evolving from pure exchanges into ecosystem builders. By investing in blockchain companies, NFT platforms, and financial infrastructure providers, 2TM influences which technologies and business models succeed in Web3, effectively shaping the sector's development.[1] The October 2024 gathering of market giants (Central Bank of Brazil, BlackRock, CME Group, Fireblocks, Deribit) at 2TM's ecosystem event signals the company's growing influence in bridging traditional finance and digital assets.[4]
The global blockchain market is anticipated to reach $69.04 billion by 2027, providing significant tailwinds for 2TM's expansion.[2] As regulatory frameworks mature and institutional adoption accelerates, 2TM's combination of compliance infrastructure, custody solutions, and venture investments positions it to capture disproportionate value.
2TM stands at an inflection point where regional dominance can translate into global influence. The company's expansion into Europe (Portugal) and its institutional backing suggest ambitions beyond Latin America, though execution in more mature, regulated markets will test its model. Key trends shaping 2TM's trajectory include:
The company's ability to maintain its regional dominance while scaling internationally—and to successfully bridge traditional finance and crypto-native markets—will determine whether 2TM becomes a regional powerhouse or a global infrastructure provider for the digital economy.
