Bit2Me, a cryptocurrency platform that originated in Spain, continues to expand its footprint. After a recent strategic move that saw the acquisition of a competitor’s customer base, Bit2Me’s growth trajectory remains on track. Market sources cited by Europa Press indicate that the deal could exceed one million euros, signaling a bold push into consolidation within the crypto sector.
Born in Elche and now headquartered in Castellón, Bit2Me positions this acquisition as a key component of its growth strategy. The company emphasizes that the integration will push forward expansion plans over the coming months, while allowing the acquired business to retain operational independence under its existing leadership. The focus for the group is to broaden its reach and strengthen its market position through strategic collaborations across the crypto ecosystem.
Bit2Me’s leadership stressed that Fluyez will continue to operate autonomously, benefiting from the collective capabilities of the broader organization. The move is framed as a demonstration of purchasing power and commitment to the crypto ecosystem, with expectations of close new opportunities with other industry players in the near future.
Fluyez, which launched in March 2021, serves more than 60 crypto-focused partners. The fintech company offers users a cryptocurrency exchange and custody services, alongside innovative offerings such as crypto-backed loans, rewards programs, and payments in digital currencies.
Latinos and Blacks Invest More in Cryptocurrencies in Pursuit of Fair Wealth
Analyst updates highlight that Black and Hispanic communities in the United States have shown higher investment levels in cryptocurrencies than White households. The impulse is often framed in the context of seeking quicker wealth and financial inclusion, while acknowledging the volatility and risk that have punctuated these markets.
Bitcoin remains the most well-known cryptocurrency. After peaking at valuations above 60,000 US dollars, its price has fluctuated significantly in recent periods, underscoring the market’s volatility.
Similar trends have been observed for other major assets such as Ethereum and Dogecoin, whose values have moved sharply across recent months. Market trackers note that these shifts disproportionately impact minority investors, given their comparatively higher participation during periods of rapid change.
Morning Desk reports indicate that roughly one in four Black and Hispanic adults survey respondents own cryptocurrency, compared with about one in six to seven White respondents. This reflects broader patterns of participation and access within minority communities, raising questions about financial inclusion and the role of traditional lending institutions in shaping investment opportunities.
As one expert notes, minority investors have often perceived crypto as a route to empowerment, particularly when traditional banking practices have limited access to loans or favorable terms. The emphasis remains on responsible investing and understanding volatility, rather than chasing quick gains. The viewpoint is that diverse participation in crypto markets can contribute to broader economic resilience, provided informed decision-making accompanies these investments.
“Crypto adoption is gathering pace,” emphasizes a market commentator. “There are multiple pathways to participation, from straightforward exchanges to more advanced tools. The key is education, risk awareness, and suitability for individual financial situations.”
Carmen Pastor: “Mass Adoption of Cryptocurrencies Is Unstoppable”
Across communities, families have pursued crypto access as a means to diversify assets and reduce dependence on traditional financial intermediaries. This comment reflects a broader conversation about wealth-building, asset ownership, and the evolving role of digital currencies in everyday life.
Data shows that economic gaps persist in asset ownership, with significant disparities in household wealth across demographic groups. While some households hold substantial wealth, others lack access to the same opportunities for building long-term equity through traditional means.
Advocates note that digital currencies can offer a relatively accessible entry point for many, removing certain barriers to entry such as deposit requirements. This accessibility, coupled with the ability to transfer value digitally and globally, has positioned crypto as a tool for cross-border remittances and personal finance management.
For those considering investment, it is important to recognize that crypto markets are not regulated by a central bank in many jurisdictions. This absence of centralized oversight can introduce additional risks, including susceptibility to scams and market downturns. Investors are advised to approach with caution, ensuring that funds are affordable to lose and that they understand the volatility inherent in digital assets.
Experts also point out that volatility is a defining feature of crypto markets. While some regions have explored more stable use cases, others continue to experience pronounced price swings. The technology remains attractive to certain users for its potential to facilitate low-cost cross-border transfers and near-instant settlement, particularly where traditional services impose high fees.
As the discussion continues, the potential for cryptos to reach broader audiences depends on education, protective measures, and practical applications that resonate with everyday financial goals.