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Billionaire-Backed Bitcoin Firm OranjeBTC to List on Brazil’s B3 Exchange

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OranjeBTC, a Brazilian cryptocurrency firm backed by some of the biggest names in global finance and crypto, will begin trading on Brazil’s B3 stock exchange next week, marking a major step in the mainstream adoption of bitcoin-linked companies in Latin America.

The move positions OranjeBTC to directly challenge Méliuz (CASH3.SA), the first Brazilian firm to adopt a bitcoin treasury strategy.

BITCOIN AS CORE TREASURY ASSET

Founded by Guilherme Gomes, OranjeBTC aims to attract domestic investors who might not be able to hold digital assets directly due to regulatory restrictions.
“Certain investors are prohibited from buying bitcoins directly,” Gomes explained. “Through OranjeBTC, they’ll be able to gain exposure to bitcoin via the stock market.”

The company currently holds 3,650 bitcoins in its corporate treasury—worth more than $420 million at current prices—and plans to increase its reserves as it expands.

“Bitcoin will change financial systems as we know them,” Gomes said. “Our main focus is bitcoin at the highest level — building infrastructure, knowledge, and value around it.”

STRATEGIC INVESTORS AND BACKERS

Before its public debut, OranjeBTC attracted investments from high-profile figures and firms, including:

  • Ricardo Salinas, the Mexican billionaire and owner of Banco Azteca,

  • Cameron and Tyler Winklevoss, co-founders of Gemini,

  • FalconX, a leading crypto brokerage, and

  • Adam Back, a pioneering figure in bitcoin mining and CEO of Blockstream.

These heavyweight backers underscore growing institutional confidence in bitcoin-focused companies emerging from Latin America.

A REVERSE IPO STRATEGY

Instead of pursuing a traditional initial public offering, OranjeBTC is using a reverse IPO mechanism — listing its shares through Intergraus, an education-focused subsidiary already traded on B3.

This approach allows OranjeBTC to bypass the lengthy approval process typical of standard IPOs, speeding up its entry into public markets.

BITCOIN EDUCATION AND MARKET ACCESS

Beyond serving as an investment vehicle, OranjeBTC plans to use its education platform to help shareholders and retail investors better understand bitcoin markets and blockchain technology.

The company’s broader mission, according to Gomes, is to make bitcoin investment and knowledge accessible to everyday Brazilians, while building a strong local presence in the country’s fast-growing digital asset ecosystem.

With its debut on B3, OranjeBTC will become one of the few publicly traded companies in the world with bitcoin as its central treasury reserve, signaling a broader institutional shift toward digital assets in emerging markets.

Nubank Reports 42% Profit Rise; Shares Surge

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Nu Holdings (NU.N), the parent company of Brazilian digital lender Nubank, posted a 42% year-on-year increase in net profit on a foreign exchange-neutral basis, driving its shares up more than 8% in after-hours trading on Thursday.

The company, which serves nearly 123 million clients across Brazil, Colombia, and Mexico, reported $637 million in second-quarter net profit. CFO Guilherme Lago attributed the growth to operational leverage and revenue expansion but noted that the drivers of growth are shifting. “If in the last three to five years a major part of our growth came from adding new customers, in the next three to five years a major part of our revenue growth in Brazil will come from deepening the relationship with these customers,” he said.

Nubank’s annualized return on equity remained at 28%, consistent with the prior year. Analysts from Citi described the quarter as “strong,” highlighting both net profit exceeding expectations and a recovery in net interest margins.

The lender’s total loan book rose 8% from the first quarter to $27.3 billion, with personal loans contributing to growth alongside existing credit card debt. The early default ratio declined to 4.4%, down 0.3 percentage points from the prior quarter, while the over-90-day delinquency ratio edged up to 6.6%, reflecting seasonal trends and short-term delinquencies in Q1.

Lago said the bank plans to continue expanding unsecured lending throughout 2025 and 2026, provided asset quality remains stable. “Until today… everything seems to be super on track,” he added.

Brazil’s Lula Announces Social Media Regulation Proposal Ready for Congress

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Brazilian President Luiz Inacio Lula da Silva stated on Tuesday that a proposal to regulate social media platforms in Brazil is finalized and will be sent to Congress shortly.

KEY DETAILS

  • Lula told BandNews the proposal will be on his desk on Wednesday afternoon, enabling the government to forward it to lawmakers.

  • The initiative comes amid ongoing global discussions on digital regulation and content moderation.

TRADE AND DIPLOMACY CONTEXT

  • Earlier this month, U.S. President Donald Trump imposed 50% tariffs on Brazilian imports, citing “unfair trade practices” in digital trade and political tensions related to former President Jair Bolsonaro.

  • Lula expressed willingness to meet Trump, emphasizing a civilized dialogue between heads of state.

  • The Brazilian leader also confirmed sending an invitation to Trump for COP30, the global climate summit to be hosted in Brazil later this year.

  • Lula plans to call leaders from France, Germany, and the EU next week to discuss ongoing negotiations between the EU and the South American Mercosur bloc.

CONCLUSION
The proposal marks a significant step in Brazil’s efforts to regulate digital platforms, amid rising international attention on social media governance and trade relations with the United States.