Why Brazilian Treasurers Are Allocating to BTC
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Treasury teams want protection from Brazilian real volatility, inflation risk, and policy shocks.
A small BTC allocation — held via ETFs or listed companies — gives them:
A liquid non-sovereign hedge
Hedging through 0.01-BTC futures
Governance templates from Méliuz’s board-approved BTC strategy
Listed vehicles like OranjeBTC for exposure without custodyRisks remain (volatility, counterparty risk, politics), but Brazil is tightening safeguards:
New VASP rules, clearer enforcement, improved disclosure, and smaller futures contracts.Lesson for other nations:
Build rules → launch ETFs → scale hedging tools → enforce transparency → only then discuss BTC in treasuries.
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