| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Crypto |
| Total raised | $200M (SoftBank, 2021) |
| Collapse type | Mass Layoff Spiral |
| Founder | Gustavo Chamati |
Mercado Bitcoin (2022 crisis)
"Brazil's largest crypto exchange gutted by the global crypto winter and FTX contagion"
Cascading layoffs that accelerated the decline
Key Events Timeline
Mercado Bitcoin, backed by 2TM Group, had raised $200M at a $2.
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