Binance Expands in Mexico with $53M Investment

Published by

Sohrab Khawas

September 2, 2025

Binance has introduced Medá, an authorized Electronic Payment Funds Institution (IFPE) in Mexico, with a planned investment of over one billion pesos ($53 million) over four years. Medá will operate independently, offering peso deposit and withdrawal services and bridging traditional finance with digital assets. This move reflects Binance’s commitment to strengthening Mexico’s position as a fintech hub in Latin America while making crypto payments more accessible and affordable for Mexican users.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Exchange News