THOUGHTS ON THE

Last updated: June 16, 2025, 22:55  |  Written by: Laura Shin

Thoughts On The
Thoughts On The

The Parent Company Of Brazilian

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM

The firm stated, “The competitive environment remains deteriorated and unfair, lacking the approval of the legal framework for crypto-activities, as players following the

The parent company of Brazilian crypto exchange Mercado Bitcoin, 2TM Group, laid off 15% of its workforce, resulting in a loss of around 100 jobs. In June 2025, the company laid off around

Mercado Bitcoin

Brazil's Largest Crypto Exchange's Holding Firm Fires 15% Staff

The holding company behind crypto exchange Mercado Bitcoin, 2TM has laid off 15% or about a 100 of its employees. Mercado Bitcoin is the largest crypto exchanges by

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization

Brazil's Largest Bitcoin Exchange Just Fired 'at Least' 20 Employees

Mercado Bitcoin’s Holding Company Fires 15% of Employees

Brazil’s 2TM Cuts 15% of Staff, Blames ‘Unfair Competitive

The Holding Company For Brazil

Brazil’s Largest Crypto Exchange’s Holding Firm Fires 15% Staff

Bloomberg LíneaSoftBank-backed holding company 2TM, parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, is laying off 15% of its team

2TM – the holding company for Brazil's largest crypto exchange by valuation, Mercado Bitcoin – laid off 15% of its workforce, or about 100 employees on Thursday.

The Holding Company For Brazil

Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15

2TM – the holding company for Brazil's largest crypto exchange by valuation, Mercado Bitcoin – laid off 15% of its workforce, or about 100 employees on Thursday.

Brazilian Crypto Firm 2TM Lays off 15% of Workforce

Mercado Bitcoin

Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

Following That Trend

Following that trend, 2TM has laid off 15% of its workforce, or about 100 employees. 2TM is the holding company for Mercado Bitcoin, Brazil‘s largest crypto exchange

Laura Shin can be reached at [email protected].

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