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Ripio reveals having R$ 540 million in crypto reserves, second only to OranjeBTC in Latin America
Source: PortaldoBitcoin Original Title: Ripio reveals R$ 540 million in crypto reserves, second only to OranjeBTC in Latin America Original Link: Ripio, the Argentine cryptocurrency exchange, has revealed a crypto reserve of US$ 100 million (R$ 540 million). This puts the company in second place among companies with crypto asset reserves in Latin America, behind only Brazil’s OranjeBTC with US$ 310 million (R$ 1.6 billion).
The information was disclosed by the company’s CEO, Sebastian Serrano, in an interview during DevConnect 2025, an event that connects application creators from all over the world for Ethereum.
Serrano stated that Ripio started buying Bitcoin (BTC) and Ethereum (ETH) in 2017 and has since managed them through trading and hedging strategies. However, the executive did not provide further details about the company’s trading policy.
The CEO also revealed that Ripio acts as a seed investor in other crypto-focused companies, including Polygon and ZKSync.
In addition to OranjeBTC and Ripio, the top companies with crypto reserves include Brazil’s Méliuz with US$ 54 million (R$ 291 million) and Argentina’s Mercado Libre with US$ 51 million (R$ 275 million), both in Bitcoin.