Bit2Me, a cryptocurrency payments and exchange platform, has announced that it raised $15 million in its latest funding round. The funding will be used to expand Bit2Me’s services globally and to enhance its technology infrastructure.

The funding round was led by Investcorp, a Bahrain-based investment firm, and included investments from the Cardano Foundation, Yield Guild Games, and Telefonica Innovation Ventures. The funding will enable Bit2Me to develop new products and services, including cross-border payments solutions, digital asset custody services, and decentralized finance (DeFi) platforms.

In addition to the latest funding round, Bit2Me recently secured $4.2 million in funding from Inveready, $2.1 million in funding from an angel investor, and $830,000 in seed funding from a group of investors.

Commenting on the latest funding, Bit2Me CEO Leif Ferreira said, “This funding round shows the confidence that investors have in Bit2Me and our vision for the future of cryptocurrency payments and exchange. With this funding, we will be able to accelerate our growth and expand our services to new markets.”

Bit2Me’s B2M token is its ecosystem token that offers payments solutions connecting cryptocurrencies and traditional money. The token allows users to receive, store, send, buy, sell, and use cryptocurrencies such as Bitcoin and Ethereum quickly and securely.

The crypto market has seen a surge in funding rounds in recent months, as institutional investors and venture capitalists continue to show interest in the sector. This trend is expected to continue as more businesses embrace the benefits of blockchain technology and digital assets.

In conclusion, Bit2Me’s latest funding round is a sign that investors are bullish on the cryptocurrency payment and exchange platform. The funding will enable Bit2Me to expand its offerings and compete with other players in the market. As the crypto market continues to grow, we can expect to see more funding rounds and investment opportunities in the sector.