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Bitso raises $62m in Series B funding

Mexico City based crypto platform targeting Latin American markets raised $62m in Series B funding led by Kaszek Ventures and QED Investors. 

“Most cryptocurrency players are exchanges, but we are more than an exchange,” Vogel said. “Our mission is to make crypto useful. There is a big remittance flow of $36 billion from the United States to Mexico, and we process over $1 billion of that.”

Tags

crypto, emerging markets, latin america, capital markets