Meliuz, the largest Bitcoin Treasury Company in Latin America, has completed its expansion into U.S. markets, trading on OTCQX under the ticker MLIZY. The company is focused on promoting its proposal in U.S. markets, aiming to attract foreign capital enticed by its bitcoin initiatives.
Meliuz Crosses Over to U.S. Markets, Starts Trading on OTCQX
Meliuz, the pioneer in becoming a Bitcoin Treasury Company ( $BTC) in Brazil and Latin America (Latam), has completed the process to be listed on OTCQX, opening the door for North American investors to support the company’s proposal to become a crypto behemoth in the region.
In a press release, Meliuz explained that, starting August 15, market participants interested in owning company shares could acquire shares in Brazilian markets and then convert them into American Depositary Receipts (ADRs), which can be traded in U.S. markets. Each ADR, traded under the MLIZY ticker, will be equivalent to two shares of the company in Brazilian markets, with JPMorgan Chase responsible for the conversion and backing process of these shares.
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