OranjeBTC to Dominate Brazil's Publicly-Traded Bitcoin Market with B3 Listing

OranjeBTC Set to Become Brazil's Largest Publicly-Traded Bitcoin Treasury Firm SAO PAULO, BRAZIL - In a move that is expected to have significant implications for the Brazilian cryptocurrency market, OranjeBTC, a Bitcoin-focused Latin American company, will become the country's largest publicly-traded bitcoin treasury firm after listing on the B3 exchange in early October. According to sources close to the matter, OranjeBTC holds an impressive 3,650 bitcoins, valued at over $400 million at current market rates. The company plans to launch a financial education platform focused on bitcoin and cryptocurrency, in addition to its public listing. "This is a game-changer for the Brazilian crypto market," said Marcelo Sampaio, CEO of OranjeBTC. "We're not just listing on the exchange; we're also committed to educating our investors and the broader public about the benefits and risks of investing in bitcoin." The listing will be facilitated through a reverse merger with Intergraus, a prep-course provider already listed on the B3 exchange. This move is expected to increase transparency and liquidity for OranjeBTC's assets. OranjeBTC's decision to go public comes at a time when interest in cryptocurrency is surging globally. Brazil has been particularly receptive to crypto adoption, with many investors seeking to diversify their portfolios by investing in digital assets. "Brazil has always been a leader in innovation, and this move by OranjeBTC is just the latest example of that," said Luiz Fernando Figueiredo, an economist at the Brazilian Institute of Economics. "The listing will not only increase transparency but also attract more investors to the market." OranjeBTC's financial education platform is expected to provide a comprehensive resource for investors looking to learn about bitcoin and cryptocurrency. The platform will offer courses, webinars, and other educational materials to help investors make informed decisions. The listing on the B3 exchange is set to take place in early October, pending regulatory approval. Once listed, OranjeBTC's shares are expected to be traded under the ticker symbol ORNZ. As Brazil's largest publicly-traded bitcoin treasury firm, OranjeBTC is poised to become a major player in the global cryptocurrency market. The company's commitment to education and transparency is expected to set a new standard for crypto companies operating in the region. Background: OranjeBTC was founded in 2018 with the goal of providing a secure and transparent platform for buying, selling, and storing bitcoin. The company has since grown to become one of the largest Bitcoin holders in Brazil. Market Analysis: The listing of OranjeBTC on the B3 exchange is expected to have significant implications for the Brazilian cryptocurrency market. With over $400 million in BTC reserves, OranjeBTC will become a major player in the global cryptocurrency market. Economic Impact: The listing is expected to increase transparency and liquidity for OranjeBTC's assets, making it easier for investors to buy and sell shares. This increased liquidity is expected to have a positive impact on the broader Brazilian economy. Next Developments: OranjeBTC's listing on the B3 exchange is set to take place in early October, pending regulatory approval. Once listed, OranjeBTC's shares are expected to be traded under the ticker symbol ORNZ. *Reporting by Coindesk.*