Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension

Brazilian Crypto Unicorn 2TM Raises M in Series B Round Extension
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, raised an additional $50.3 million in a second closing of its Series B funding round.In June, Mercado Bitcoin raised $200 million in a first closing led by the SoftBank Latin America Fund at a $2.1 billion valuation.New investors included 10T, a crypto-focused private equity firm, and Tribe Capital, a venture capital firm with investments in crypto exchanges FTX and Kraken, the company said in a statement.“Our international expansion and the increasing offer of new products based on the technology that gave life to bitcoin are just…