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Mercado Bitcoin, Brazil’s first crypto exchange, raises $200m from SoftBank

Brazil based digital assets exchange raised $200m in Series B funding led by Softbank at a post money valuation of $2.1b.

“This makes us a somewhat unique case in the ecosystem and among our fintech peers in general – few companies have managed to reconcile over 100% year-over-year growth with a positive bottom line,” said Roberto Dagnoni, CEO.

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crypto, latam, exchanges, brazil