Winklevoss-backed crypto company eyes expansion in Brazil


After going public on the Brazilian stock exchange this week, cryptocurrency company OranjeBTC aims to expand its Bitcoin holdings and roll out new educational programs to promote wider adoption of digital assets in the country.

The company, backed by investors including the Bitcoin pioneer Adam back and billionaire twins Tyler And Cameron Winklevossalready holds 3,675 Bitcoins worth around $455 million in its treasury, says CEO and founder Guilherme Gomes. This makes it one of the top 30 holders among 345 entities listing the digital asset on their balance sheet, according to data compiled by BitcoinTreasuries.net. OranjeBTC plans to combine its growing Bitcoin reserve with an educational arm offering courses, events and training, Gomes added.

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