🎉Good news is coming! BTG Pactual, one of Brazil’s major investment banks, recently announced that it will acquire crypto-friendly broker Orama DTVM for 500 million Brazilian reals (approximately $98.7 million)! 💰This is an important step in BTG Pactual’s strategy to expand the bank’s digital platform.
Founded in 2011, Orama currently has approximately R$18 billion (approximately US$3.6 billion) in assets under custody and serves approximately 360,000 clients. 👥This acquisition will undoubtedly further promote the development of cryptocurrency in Brazil and the entire Latin American market. 🚀
While we remain neutral on the market as a whole, this news is certainly a positive sign for Bitcoin’s development. Let’s wait and see what changes this acquisition will bring to the cryptocurrency market! 🔮