Bit2Me, the Spanish cryptocurrency exchange, continues to grow. And it does so through agreements with international partners. The last of them, which is the starting signal for a long list of announcements that are to come in terms of associations, has been with DFG. The global investment fund based in Singapore, and focused on the search for players in the blockchain sector and Web.3, has caught the exchange Spanish as a partner for their mutual expansion. An agreement that, according to Leif Ferreira, founder of Bit2Me, indicates that it has come through the media echo of recent months and the contacts that are being made in the sector.
The objective? Have eyes where the bottom of Singapore does not reach. That is, in the Spanish and Portuguese speaking markets where Bit2Me has been growing strong since its foundation in 2015.
DFG is not new to the cryptocurrency business in any case. The fund, which was founded in the same year as Bit2Me, already manages more than $1 billion in assets. In its history, some examples of players of an increasingly large sector: Cicle, LedgerX, Chainsafe, Bloq, Brave, Ripio or Bitso among many others.
In this case, DFG will not go alone on its way. This agreement seeks the creation of a joint investment system in which both have a share. In this case, Bit2Me makes the selection of projects, in which the Singapore fund will then have investment preference. As a kind of preferred private investors who, due to their initial trust, can obtain more benefits and reward.
How? Through a mechanism that exchange Spanish already tried in its own structure: an ICO model. Or the launch of tokens that are formulated through a participation –which does not dilute the entity’s capital– of some kind. This process had a double meaning for the Spanish company. On the one hand, to prove that the model worked with the fidelity of a community installed for almost 5 years. On the other hand, not lose power within the entity’s capital; right now in the hands of its two founders –Leif Ferreira and Andrei Manuel–, Inveready since its only round of financing and a small group of small investors and employees.
In that sense, Bit2Me has already launched its own ICO in the fall of 2021 – an operation that will culminate in September 2022 with the launch of the last token in the series. An agreement with Bnext also points to that specific sector. and all through Bit2Me Launchpada service that manages the processes by which the exchange earn through a specific commission to the issuers of the token. A commission that comes in order to manage all the legal, permitting and management processes that involve the creation of said token.
Be that as it may, DFG will have preferential access to that token launch through the company’s ICO division. Some who seek to settle preferably in regions of Spain, Latin America and Portugal. places where the exchange is placing special emphasis on its expansion. Already well known in Spain, his latest movements have gone directly to seek implantation in the user on the other side of the Atlantic. In fact, his agreement as a partner of Axie Infinity at the end of December 2021, had his eye precisely on Mexico. The play to earn game, which is already a fixed income system for many players on the planet, was an organic way of growing in an interesting territory for the Spanish brand.