Ripio's $100M Crypto Treasury is Latin America's Second Largest
A crypto treasury worth over $100 million has been uncovered by Latin American cryptocurrency exchange Ripio, second only to OranjeBTC.
In an interview with CoinDesk at DevConnect 2025 in Buenos Aires, CEO Sebastian Serrano said the company started buying bitcoin and ether in 2017. Since then, Ripio has traded and hedged its holdings, but it did not disclose their breakdown or performance.
Ripio has seed-invested in Polygon and ZKSync, among other crypto startups.
OranjeBTC, Brazil's largest publicly traded crypto treasury corporation, holds 3,713 BTC worth $335 million, making it Latin America's largest.
Méliuz, the region's third-largest DAT, holds $54 million in bitcoin, while Latin American e-commerce powerhouse Mercado Libre possesses $51 million.
Abu Dhabi-based Al Warda Investments triples Bitcoin ETF holdings to $518M
In the third quarter, Abu Dhabi Investment Council (ADIC) investment arm Al Warda Investments more than tripled its position in BlackRock's iShares Bitcoin Trust.
According to a recent SEC filing, the firm increased holdings by 230% to just under 8 million shares worth $517.6 million.
Bitcoin surpassed $126,000 in October before falling below $90,000 in November.
Japanese Metaplanet to seek $135m for Bitcoin
One Metaplanet is becoming more aggressive as corporate Bitcoin use grows worldwide. November 20 saw the Tokyo-listed Bitcoin treasury corporation issue 23.61 million Class B Preferred Shares for $135 million.
These sales will help the company buy more Bitcoin. This corporation will issue shares at ¥900 each, with a 4.9% annual dividend rate. Holders can convert these shares into voting common shares.
NVIDIA Earnings: Why They Could Affect Tech and Crypto
After the U.S. market closed today, NVIDIA revealed its Q3 earnings. Crypto markets have been cautious, and the day's tone has rested on whether equities digest the update cleanly or slide into a new risk-off trend that affects digital assets.
NVIDIA's fiscal third-quarter earnings were $57 billion, above Wall Street's $54.92 billion and EPS of $1.30, exceeding $1.25.
Aster Price Prediction: ‘Machi Mode’ Launches—Earn Points for Getting Rekt
Aster rose 16% in the past week despite the market dip. The perpetual futures trading platform now rewards liquidated traders, which bodes well for Aster prices.
Wednesday saw the platform unveil “Machi Mode.” This rewards program was prompted by Jeffrey Huang's poor performance. This current correction has liquidated this Taiwanese crypto trader 71 times.
Liquidated traders will now get points for becoming "rekt," making losses more motivating.
Bear markets affect everyone, and Aster's mild compensation may be an attempt to entice sidelined traders back.
Huang, who recently switched to crypto, has suffered in the sell-off.
James Wynn and Andrew Tate both had 26 and 19 liquidations this month, demonstrating just how bad November has been for leveraged traders.
Tether Invests in Parfin for Latin American Institutional USDT Settlement and Tokenization
Tether's investment shows its commitment to making USDT a core settlement and liquidity asset for high-value institutional applications. These application cases include cross-border transactions, RWA tokenization, and the expansion of yield-bearing credit markets like trade finance, commercial, and credit card receivables.
The partnership puts USDT at the center of Latin America's digital financial architecture as institutions explore blockchain-based financial rails.
Parfin is one of Latin America's leading digital asset infrastructure providers, providing financial institutions with secure, compliant, and scalable technologies to handle digital assets.
The company has focused on establishing systems that fulfill high regulatory criteria and can expand to meet rising demand in digital financial markets.