Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly known such firm in Latin America behind OranjeBTC.
In addition to holding crypto, Ripio said it has acted as a seed investor in other crypto-focused companies, including Polygon and ZKSync.
OranjeBTC, which earlier this year became Brazil’s largest publicly-traded crypto treasury firm, currently holds 3,713 BTC worth more than $335 million, making it the largest digital asset treasury company in Latin America.
Méliuz, the region’s third-largest DAT, currently holds around $54 million worth of bitcoin, while Latin American e-commerce giant Mercado Libre holds $51 million of BTC.
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