Brazilian Crypto Unicorn 2TM Raises $50M 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.