2026-01-14 08:11:40

Another European traditional bank has extended an olive branch to the crypto market. Spanish bank Bankinter recently announced its participation in the funding round of the local crypto exchange Bit2Me as a minority shareholder. The round raised 30 million euros (about $33 million), with Tether also participating as an investor.

What does this move signify? The purpose of Bit2Me's funding is clear—strengthen its capital base and focus on compliant expansion in the European and Latin American markets. Notably, Bit2Me has already completed registration under the EU MiCA framework and has become a B2B channel for banks to enter the crypto space.

Looking at the broader context, this reflects a trend: traditional financial institutions are no longer spectators in the crypto market. With a clear regulatory framework—especially European standards like MiCA—banks, funds, and other traditional players are taking concrete actions to participate. Bankinter's investment is not only a recognition of Bit2Me's business model but also a microcosm of the deep integration between traditional finance and the Web3 ecosystem.

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CryptoGoldmine

· 01-17 05:14

Banks are really starting to mine, interesting. With $33 million invested, the network's hash power now has an institutional investor. Once the MiCA framework was introduced, Europe indeed became a new mining pool for traditional finance. From an ROI perspective, these banks entered at a good time. I approve of Bit2Me's B2B channel logic; it's much clearer than those shady exchanges before. Compliance costs are high, but the long-term profit cycle is more stable. By the way, Tether also invested, which is a deep integration of stablecoins and exchanges. It feels like the return cycle for this round of funding won't be too long. The compliance standards under the MiCA framework are a bit high, but projects that truly survive will have better investment returns. Opportunities for traditional financial institutions to deploy are indeed here, but as always—it's key to focus on the hash power return ratio, not just chasing the scale of fundraising. The European banking sector has finally understood this game. From a technological iteration perspective, the competitive gap of compliant exchanges is widening. Forget it, I’ll still focus on my mining machine returns. Bank involvement is good, but liquidity of the coins is even more important.

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