Another European traditional bank has extended an olive branch to the crypto market. Spanish bank Bankinter recently announced its participation in the funding round of the local crypto exchange Bit2Me as a minority shareholder. The round raised 30 million euros (about $33 million), with Tether also participating as an investor.

What does this move signify? The purpose of Bit2Me's funding is clear—strengthen its capital base and focus on compliant expansion in the European and Latin American markets. Notably, Bit2Me has already completed registration under the EU MiCA framework and has become a B2B channel for banks to enter the crypto space.

Looking at the broader context, this reflects a trend: traditional financial institutions are no longer spectators in the crypto market. With a clear regulatory framework—especially European standards like MiCA—banks, funds, and other traditional players are taking concrete actions to participate. Bankinter's investment is not only a recognition of Bit2Me's business model but also a microcosm of the deep integration between traditional finance and the Web3 ecosystem.