The Brazilian newspaper Estadão has reported that Coinbase is negotiating to acquire 2TM, which is the owner of the Brazilian crypto exchange “Mercado Bitcoin“.
In 2021, Mercado-Bitcoin users reached 3.2 million and its trading volume reached $7.1 billion.
Although the report did not define his sources, talks between Coinbase and 2TM have been taking place since 2021 and the final agreement could be announced in late April 2022.
To The Moon (2TM), the owner of Mercado Bitcoin
To The Moon (2TM) also owns several companies such as Bitrust, Blockchain Academy, Meubank, MB Digital Assets, and MezaPro.
