Tether Backs Mercado Bitcoin With $20M to Expand On-Chain Finance

Tether will invest $20 million in Mercado Bitcoin to strengthen blockchain-based financial services across Latin America. The funding marks another step in Tether’s strategy to support companies building real-world digital finance infrastructure. Moreover, the investment highlights Brazil’s growing importance as a hub for tokenization, stablecoins, and regulated blockchain innovation.

Mercado Bitcoin plans to use the capital to expand payment solutions, tokenized investment products, lending services, and international operations. Consequently, the partnership could accelerate broader adoption of on-chain financial products for both retail and institutional customers.

Funding Targets Growth Across Key Services

Mercado Bitcoin has grown beyond cryptocurrency trading into a regulated financial platform serving 4.5 million users. Additionally, the company has issued more than R$2 billion in tokenized assets while securing multiple financial licenses in Brazil and Europe.

The new funding will support payment infrastructure, digital capital markets, strategic partnerships, and cross-border financial services. Besides, the investment aligns with rising demand for faster and more efficient blockchain-powered financial products.

Mercado Bitcoin Eyes the Next Phase

Roberto Dagnoni, Chairman and Chief Executive Officer of Mercado Bitcoin, said, “The discussion is no longer whether finance will move on-chain. That transition is already underway. The focus now is on building the infrastructure that will support tokenization, stablecoins, payments, and capital markets at scale, reshaping how money moves, investments are accessed, and capital is deployed.

Mercado Bitcoin has spent more than a decade building the regulated foundation for this future, and this investment strengthens our ability to accelerate the next generation of on-chain financial services in Brazil and across global markets.”

Additionally, the announcement complements Tether’s expanding presence in Brazil. Recently, the Tether-backed payments platform Oobit integrated Pix, allowing millions of Brazilian users to access seamless local currency deposits through the country’s instant payment network.