Bitso

B2C
Latin America
Consumer Finance
Series A
Description

#1 cryptocurrency exchange in the Spanish-speaking world, driving digital asset adoption.

What vehicle we invest with:

Fund II

Founders

Daniel Vogel, Ben Peters & Pablo Gonzalez

When we Invested :

2016

Why we invested

Cryptocurrency adoption in Latin America was in its early stages, but the region faced structural issues such as inflation, remittance costs, and financial exclusion. Bitso emerged as a secure, user-friendly platform to buy, sell, and store digital assets.

By building a regulated exchange with strong compliance standards, Bitso positioned itself as a trusted gateway for crypto adoption in Mexico and beyond. Its platform facilitates cross-border payments, remittances, and decentralized finance (DeFi) solutions.

The founding team had a clear vision of crypto’s potential in LatAm, combining technical expertise with deep fintech experience. Their commitment to regulatory transparency and financial education made Bitso a pioneer in the space.

As digital assets gain mainstream acceptance, Bitso continues to lead crypto adoption in Latin America. With a growing user base, expanding product offerings, and increasing institutional interest, it is shaping the region’s digital finance future.

Our vision for
the future

01.

Cryptocurrency will become a mainstream financial tool, with everyday transactions conducted via stablecoins and digital wallets. Cross-border payments and remittances will shift toward blockchain-based systems, reducing fees and increasing accessibility.

02.

Decentralized finance (DeFi) will redefine banking, offering lending, borrowing, and staking without traditional intermediaries. Smart contracts will automate financial transactions, making financial services faster, cheaper, and more transparent.

03.

Regulatory frameworks will evolve, bringing institutional investors into crypto markets. Compliance-driven exchanges will bridge the gap between traditional finance and digital assets, driving mass adoption among businesses and governments.

04.

The tokenization of assets will revolutionize investment, enabling fractional ownership of real estate, stocks, and commodities. As digital assets become more integrated into financial systems, crypto will emerge as a core component of global finance.