Bitso and Mercado Bitcoin (MB), two giants of the digital asset market, today (1st) announced a strategic partnership that consolidates Brazil's largest institutional payments infrastructure.

Together, the companies currently serve 15 million customers, process more than 130 billion US dollars a year, and facilitate payments across Latin America, the United States, Europe and Asia. As part of the deal, Bitso's retail customers in Brazil will now invest through MB, where they will find a wider portfolio of products and services.

MB's broad reach in Brazil, combined with Bitso's established strength in Latin America — particularly in Mexico, Argentina and Colombia — forms a highly accessible financial infrastructure across the region. Market leaders, both companies have spent more than ten years transforming finance through advanced technology, strict compliance and regulated access to local payment systems.

In concrete terms, the partnership will offer the following advantages to institutions:

1. Brazilian companies will be able to:
– make instant international payments, in both local and foreign currency;
– open fully regulated fiat currency payment accounts, including USD, BRL, MXN, COP, ARS, and others;
– make international payments using stablecoins.

2. Global companies operating in the Brazilian market will gain access to a new platform that reduces the cost and time of international transactions, as well as the convenience of accessing a range of solutions on a single platform.

"For more than a decade, Bitso has actively co-led the evolution of the financial sector in Latin America, providing technology that enables people and businesses to move money more efficiently and reliably. We have more than 2,000 institutional clients and manage around 10% of all transactions from the US to Mexico, the world's largest remittance corridor," says Nicolás Alonso, Country Manager of Bitso Brazil.

"We understand well the needs of a global CFO who needs to receive payments from customers around the world or send funds to suppliers in different currencies. That is why we are combining all our technology and global scale with MB's broad portfolio and local ecosystem, to help even more companies gain efficiency in making and receiving payments across Latin America," Alonso continues.

"Financial infrastructure is migrating to on-chain rails, and that transition will be led by whoever can combine technological scale with regulatory depth. That is the combination Bitso and MB are putting together: two platforms with more than ten years of operation and licences in the region's key markets," says Roberto Dagnoni, Chairman and CEO of Mercado Bitcoin.

"MB is today one of the largest stablecoin payment providers in Brazil and will now also support the flows of Bitso's customers in the country, backed by its infrastructure across the rest of Latin America. By connecting our local regulatory presence with this international reach, we are redefining both how Brazilians invest and how companies do business in the country. Brazil has the conditions to become the centre of this new payments architecture," Dagnoni adds.

For Bitso's millions of retail customers in Brazil, as the new partnership takes effect over the coming days, users of the Bitso app will receive full support for a secure transition to MB, where they will gain access to a wider portfolio of local products and services. From 1 October, Bitso customers will have access to exclusive benefits on MB, including:

  • Zero fees for 48 hours on crypto asset purchases and sales for new customers
  • Tokenised Fixed Income with special returns
  • Boosted staking
  • Dedicated adviser for clients with high custody balances

Together, Bitso and MB will continue expanding their offering to the Brazilian market with operational efficiency, regulatory compliance and continuous innovation.

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