Lemons 20 million Series B funding round reflects rising global confidence in Latin Americas crypto market. The round was led by U.S.-based funds F-Prime and ParaFi, with support from DRW Venture Capital, VanEck VC, and others. Its the regions largest crypto funding deal in the past three years. A strong signal that international investors see long-term potential in Argentina and its neighbours.
Lemon plans to use the funds to expand into Colombia, Mexico, and Chile andre-enter Brazil. The exchange already serves over 5 million users and has seen explosive growth in Peru. It also issued 150,000 crypto-linked cards in just one year, according to the Founder and CEO Marcelo Cavazzoli. He further said the goal is to make Lemon the most widely used crypto platform across Latin America.
Lemon Funding Round Powers Latam ExpansionLemon plans to use the new capital to strengthen its presence across Latin America. The company will expand into Colombia, Mexico, and Chile, and make a strategic return to Brazil, one of the most competitive crypto markets in the region.
