McDermott Will & Schulte represented Tether, the largest company in the digital assets industry, in its acquisition of a minority equity stake in Bit2Me, the leading Spanish-speaking digital asset platform. As part of the transaction, Tether is also leading a €30 million funding round to support Bit2Me’s expansion across the European Union and strengthen its operations in Latin America, with a particular focus on Argentina.

The investment follows Bit2Me’s recent regulatory milestone as the first Spanish-speaking exchange to receive authorization from Spain’s CNMV as a Crypto-Asset Service Provider (CASP) under the European Union’s Markets in Crypto-Assets Regulation (MiCA). This license enables Bit2Me to operate across all 27 EU member states.

Founded in 2014, Bit2Me has over 1.2 million users and more than 7,000 companies, with a transaction volume exceeding €3 billion to date in 2025.

The McDermott team advising Tether on the transaction was led by partners Fatema Orjela and Simon Airey, and associate Arjun Sehgal, with support from Axel Schultz, Stephane Dionnet and Mélissa Hui. The team drew on the firm’s deep experience across corporate, compliance, and antitrust practices to guide the transaction.

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