2TM Ventures formed with spate of dealmaking
Brazil-based 2TM Group, which runs the largest cryptocurrency exchange in Latin America and has Softbank as an investor, has launched a corporate venture capital unit focusing on blockchain companies.
2TM Ventures, the firm’s new unit under Daniel Carneiro da Cunha, has so far invested $32m across a portfolio of 10 companies in the crypto universe, Roberto Dagnoni, CEO at 2TM, told newswire Reuters. Since then its deals have included Figment’s $110m C round.
“We want to be the…
