Latin American cryptocurrency exchange Ripio has revealed that it owns a hoard of cryptocurrencies valued at more than $100 million, making it the second publicly known company of its kind in Latin America, behind OranjeBTC.
The company’s CEO, Sebastián Serrano, confirmed the figure in an interview with CoinDesk during DevConnect 2025 in Buenos Aires, noting that he began acquiring bitcoin and ether in 2017. Since then, Ripio has managed his holdings through trading and hedging strategies, although he did not specify the breakdown or performance of his assets.
In addition to owning cryptocurrencies, Ripio said he has acted as an initial investor in other cryptocurrency-focused companies, including Polygon and ZKSync.
OranjeBTC, which earlier this year became the largest publicly traded cryptocurrency treasury company in Brazil, currently holds 3,713 BTC worth over $335 million, making it the largest digital asset treasury company in Latin America.
Méliuz, the third largest DAT in the region, currently holds around $54 million in bitcoin, while Latin American e-commerce giant Mercado Libre holds $51 million in BTC.
