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Coinbase Is Reportedly Nearing Deal to Acquire Brazil’s Crypto Unicorn 2TM

On Sunday, March 27, a report surfaced that crypto exchange Coinbase is all set to acquire one of Brazil’s biggest crypto unicorns 2TM. As per details, 2TM is a Brazilian holding company controlling Latin America’s largest crypto brokerage Mercado Bitcoin by the next month-end of April 2022.
This would be part of Coinbase’s efforts to expand its footprint in the increasingly competitive market of Brazil. However, we have yet to get an official word from Coinbase on this matter.
Local newspaper O Estado de S.Paulo reported that the acquisition of crypto unicorn 2TM will give Coinbase the leverage to secure a market leader position in Latin America. After the latest Series B funding the holding behind Mercado Bitcoin, Meubank, MB Digital Assets, Bitrust, Blockchain Academy e MezaPro holds a valuation of roughly $2.2 billion.
The acquisition will also allow 2TM to speed up its growth in Latin America and other countries such as Colombo, Chile, Mexico, and Argentina.
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We współpracy z: https://coingape.com/coinbase-showing-interest-in-acquiring-brazils-crypto-unicorn-2tm/

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