Meliuz sells its shares to invest in Bitcoin and expand Web3 business

The narrative:

The financial technology company Meliuz announced a new share offering to raise funds, a large part of which will be allocated to buying Bitcoin and expanding its services in Web3 and DeFi.

Deal details:

• Goal: Raise $75 million

• Invest in Bitcoin as a 'strategic reserve'

• Develop Web3-based payment solutions

Analysis:

Meliuz joins the wave of Latin companies merging with digital currencies, reinforcing the trend of institutional shift towards Bitcoin in emerging markets.

#Meliuz #BitcoinAdoption #Web3Expansion #LATAMCrypto