The co-founder and CEO Leif Ferreira of Bit2Me has said that the crypto exchange platform is planning to add 250 employees during the next 12 months.
This addition will double the headcount of the platform. Ferreira said, “In a context of many layoffs, now is the time to hold and build. Crypto is not going to stop, no matter how much prices have fallen.”
Bit2Me also plans to make three acquisitions and has signed memorandums of understanding.
The three acquisitions include a 90% stake in a Latin American exchange, buying a fintech company and a software developer, both based in Spain.
Ferreira further said that the funds for this hiring and acquisition spree will come from cash on hand, including part of the 20 million euros ($20.3 million) raised through an initial coin offering in 2021.
Although the CEO is not opposed to adding a strategic partner for further capital, that option is not something that the company is actively pursuing.
He said, “It is not something we need or want to close immediately. We are open to a strategic partner coming in. It is not an obsession for us.”
Bit2Me also plans to introduce a Mastercard debit card, a futures trading platform, a lending service and a feature to allow online shops receive payments via cryptocurrencies in 2022.
Bit2Me was the first exchange platform to be granted a license by the Bank of Spain as a “provider of services for the exchange of virtual currency for fiat currency and the custody of digital wallets.”
Bit2Me is currently operational in Spain, Portugal, Italy, France, Brazil and Peru with a total of 600,000 users, 70% of which in Spain.
