Bit2Me Drops Retail Focus as it Builds Core Crypto Infrastructure for EU Banks

TLDR

• Bit2Me shifted away from retail services and focused on building crypto infrastructure for major European banks.
• The exchange reported strong growth in trading volume as institutions adopted its backend systems.
• Banks used Bit2Me’s API product to manage and outsource their crypto operations.
• The company secured an EU MiCA license after extensive regulatory work and high compliance costs.
• Bit2Me expanded into Portugal and is prepared to enter Italy, France, and Germany.

Spain’s crypto sector saw fresh movement as Bit2Me advanced its shift toward institutional services, and the platform expanded its pipeline, and it gained traction across markets.

Backend expansion drives demand

Bit2Me increased its volume as banks adopted its infrastructure, and it reported growth in service demand. The company redirected its focus toward institutional clients and expanded capacity.

Banks used the platform’s new API product to manage crypto tasks, and lenders relied on integrated tools. Cecabank extended this model and enabled access for its institutions.

Trading activity expanded as Bit2Me widened institutional coverage, and banks sought reliable infrastructure. The shift raised B2B revenue and strengthened the exchange’s reach across service lines.

Executives directed resources toward compliance work, and teams spent hours meeting new rules. This effort moved EBITDA lower but opened channels for regulated entry into major markets.

Regulators granted the company an EU MiCA license, and this approval required months of work. Leadership highlighted this step and described it as essential for its roadmap.

The firm is reaching after entering Portugal, and teams are prepared for launches in Italy and France. Germany remained under review as Bit2Me assessed requirements and aligned entry.

The company explored the U.S., and leaders stressed adherence to rules. They repeated that the entry required compliance and said expansion would proceed after approval.

Bit2Me expands liquidation pipeline

Authorities selected the platform to convert crypto, and agencies relied on the liquidation system. Bit2Me connected analytics tools with police units and ensured each passed checks.

Europol and Interpol used this workflow, and national police adopted the same route. The amounts grew as agencies sent assets and requested conversion into fiat.

The company reported activity from enforcement teams, and these groups refined procedures. Officials said the arrangement improved trace tracking and supported collaboration across borders.

Chainalysis provided analytics that verified flows, and this layer ensured tracking. Agencies reviewed checks and maintained logs while forwarding cases to units.

The platform processed 1.5 million euros a year, and teams prepared for requests. Demand grew as police units delivered seized assets and sought conversion through channels.

Spain adopted direct liquidation and replaced auction models, and agencies treated the exchange as a partner. Officials stated this approach cut delays and saved funds.

The post Bit2Me Drops Retail Focus as it Builds Core Crypto Infrastructure for EU Banks appeared first on CoinCentral.