Winklevoss-Backed Crypto Company Eyes Expansion in Brazil

After going public on Brazil’s stock exchange this week, cryptocurrency firm OranjeBTC wants to expand its Bitcoin holdings and roll out new educational programs to promote broader adoption of digital assets in the country.

The company, backed by investors including Bitcoin pioneer Adam Back and billionaire twins Tyler and Cameron Winklevoss, already holds 3,675 Bitcoin worth about $455 million in its treasury, according to CEO and founder Guilherme Gomes. That makes it one of the top 30 holders among 345 entities putting the digital asset on their balance sheets, according to data compiled by BitcoinTreasuries.net. OranjeBTC plans to combine its growing Bitcoin reserve with an education arm offering courses, events and training, Gomes…

Source link