Brazilian firm OranjeBTC, with 3,675 bitcoin valued at $444 million, made history by listing on Brazil’s B3 stock exchange—becoming Latin America’s largest Bitcoin treasury. The debut grabbed attention in financial markets, testing digital assets’ value within regulated exchanges.

OranjeBTC went public via a reverse merger with Intergraus, trading under ticker OBTC3. The stock opened at $4.35, surging to $4.59 before closing at $4.33. It secured $210 million led by Itaú BBA and boasts backers like the Winklevoss twins, Adam Back, and Ricardo Salinas.

OranjeBTC partnered with BitcoinTreasuries.net to enhance transparency and expand global reach. The firm ranks 26th globally in public companies by Bitcoin holdings. The listing reflects Latin America’s growing interest in crypto, with adoption up 63% driven by key markets like Brazil, Argentina, and Mexico.

The company’s CEO, Guilherme Gomes, aims to educate Latin American investors on Bitcoin’s role in the economy. Plans for an education platform to teach about Bitcoin’s monetary design could boost mainstream acceptance. Despite concerns about volatility and regulation, OranjeBTC’s listing signals growing conviction in the region’s digital finance landscape.

Read more at Yahoo Finance: OranjeBTC Lists in Brazil, Becomes LATAM’s Top Bitcoin Treasury