El Salvador has secured another major milestone in its expanding Bitcoin ecosystem. During the second day of Bitcoin Histórico at the National Palace, Wiz — Bitcoin developer and co-founder of Mempool.space — announced that the company has been formally incorporated in the country under the new entity Mempool Holdings, and will move its global headquarters to El Salvador.
“I am very happy to confirm that Mempool will be moving to El Salvador. Today we incorporated Mempool Holdings,” Wiz stated before an international audience. He noted that the company has raised significant venture capital to support the relocation, marking what he described as “the next chapter of the project.”
According to Wiz, the decision reflects both the success of Mempool.space and the favorable economic and regulatory environment El Salvador has created for financial and technological innovation. “It’s the only government that truly wants to help and support those building on Bitcoin. I couldn’t be happier. Thank you, President Bukele; thank you, Stacy, Max, and everyone in the government,” he said.
Wiz recalled first visiting the country in 2021 when he traveled to Bitcoin Beach. The transformation he has witnessed since then — culminating in the 2025 Bitcoin Histórico event hosted at the National Palace — strengthened his conviction that El Salvador is becoming “the world’s first sovereign Bitcoin City.”
Mempool.space, originally launched as an open-source project, has grown into a globally relied-upon platform for wallets, exchanges, mining pools, and Bitcoin businesses. Wiz highlighted the company’s evolution: “We’re no longer just a small open-source project; we’re a real company and we’ve raised real capital.”
A significant moment in Mempool’s connection with El Salvador came in late 2023, when President Nayib Bukele publicly shared the country’s strategic Bitcoin reserves. Wiz then proposed a custom Mempool-powered platform for the government. Within days, bitcoin.gov was launched, becoming an international reference point for sovereign Bitcoin transparency. “El Salvador runs its own instance of Mempool to showcase its Bitcoin reserves. How incredible is that?” he noted.
Wiz also emphasized El Salvador’s rapid educational progress. Students at CUBO+ are now studying Mempool as part of their curriculum, and their certificates are verifiable through the blockchain. “Seeing young people at the National Library ask questions about Bitcoin and hard currency was so motivating that I decided to go all in for El Salvador,” he said.
The relocation of Mempool.space’s global headquarters marks another step in El Salvador’s rise as a global hub for Bitcoin innovation, reinforcing its position as a leader in financial technology, education, and digital transformation.
