Cecabank Teams Up with Bit2Me to Launch an All-in-One Platform Providing Crypto Services to Traditional Financial Institutions

Spanish banking giant Cecabank has officially teamed up with crypto exchange Bit2Me to launch an all-in-one platform that offers crypto services to traditional financial institutions.

Spanish banking giant Cecabank has joined forces with crypto exchange Bit2Me to launch an all-in-one platform that will offer crypto services to traditional financial institutions.

What is known about the CecaBank-Bit2Me partnership?

The new solution developed by Cecabank and Bit2Me will offer real-time access to the crypto market, provide custody services, and provide a trading engine with over 100 assets available, as well as support full trade execution. Through their partnership, Bi2Me will provide trader routing and trade execution services, while Cecabank will ensure compliance, operational security, and asset custody.

Both companies reached an agreement in May to accelerate widespread adoption of digital assets in banking and the corporate world. Today, their joint platform is complete and awaits final clearance from the Spanish Securities Market Commission (CNMV).

“With this alliance, the bank consolidates its reference roadmap as a supplier in services of post-contracting in the field of digital assets, in a way equivalent to what already happens in the universe of FIAT with the traditional custody,” says Aurora Cuadros, director of Securities Services at Cecabank.

Why is Cecabank's entry to crypto important?

Cecabank is one of the key custody banks in Spain and Portugal, and it has over $350 billion in assets under custody. Its alliance with Bit2Me brings more credibility to the institutional adoption of crypto in Spain.

Moreover, the Spanish bank will be integrating Bit2Me’s infrastructure, including its liquidity options and cold wallet storage. This partnership could become a blueprint for other institutional adoption of crypto in Spain, showing banks a reliable way to offer crypto to their clients.

The partnership is also interesting since Bit2Me is a well-known exchange in Europe, recognized for its compliance and transparency. With both platforms fully aligned under MICA (Market in Crypto Asset) laws, the new platform could play a role in catering to institutional clients.

Other institutions join the crypto market

Interestingly, other global institutions are also striking partnerships with digital asset platforms. In the U.S., for example, major banks are exploring a partnership to launch a stablecoin.

While no official announcements have yet been made, the move signals the growing desire of banks to stay relevant in the evolving payment market.

Institutions could be seen adopting digital assets more as policies become clearer in various regions. According to Bit2me’s co-founder, Leif Ferreira, in a statement shared on Monday, May 26, “2025 marks a turning point for banks to begin offering crypto trading services.”

With major names like Cecabank joining the crypto market and Bit2Me's expertise in European markets, Spain could easily emerge as a key player in regulated digital finance. The country’s clear stance on MiCA, combined with a supportive environment for public-private partnerships, could set the pace for more institutional adoption of crypto.