Abu Dhabi Institutional Giants Unite to Launch Dirham-Backed Stablecoin
If approved by United Arab Emirates regulators, the dirham-backed stablecoin—regulated by the central bank—will run on the ADI blockchain.
Bitcoin as a Core Treasury Asset
Méliuz proposes making Bitcoin the primary strategic asset in its treasury, signalling a more profound commitment to crypto as part of its long-term financial strategy. This plan will be presented to shareholders on May 6 2025.
Share Float to Fund Expansion
The company is launching a share float to raise capital to enhance its Bitcoin-related services, including improved rewards, infrastructure upgrades, and potential future features like automated savings and crypto-backed products.
Riding Brazil’s Crypto Momentum
Méliuz is leveraging Brazil’s rapid crypto adoption and fintech-friendly environment to strengthen its market position. This aligns with national trends and the upcoming launch of Brazil’s central bank digital currency (Drex).
In a bold move reflecting Brazil’s growing appetite for digital assets, Méliuz, a cashback and fintech company, has announced plans to float shares to raise capital for its expanding Bitcoin (BTC) buying strategy.
According to a translated statement released on April 14 2025, Méliuz, a provider of cashback and fintech services, plans to present its proposal to make BTC the primary strategic asset in its treasury at a shareholder meeting scheduled for May 6 2025. This pivot underlines how companies in emerging markets embrace crypto as an asset class and a central pillar of growth.
Méliuz, known for rewarding users with cashback in fiat currency and BTC, has made headlines with its strategic reorientation toward deeper crypto integration. By floating more shares on the market, the company aims to secure funding that will allow it to boost its reserves and broaden user engagement through BTC incentives. Brazil is quickly becoming a hub for crypto activity in Latin America, with increasing adoption among retail investors.
Méliuz is keen to capitalise on this trend by enhancing its BTC rewards system, offering users greater flexibility and control over their digital assets. The funding round from the share float will be instrumental in improving the platform’s backend technology, scaling its infrastructure, and offering more seamless BTC transactions to users across Brazil. “We see Bitcoin not just as a marketing tool, but as a long-term strategic asset,” said a company spokesperson. “This move enables us to be at the forefront of financial innovation while meeting growing demand among Brazilian users.”
Brazil’s crypto market has grown exponentially over the last few years. Inflation concerns, a substantial tech-savvy population, and regulatory openness have created fertile ground for fintech companies like Méliuz to thrive. Méliuz’s platform allows users to convert cashback into BTC with minimal friction, a feature that has resonated particularly well with younger demographics.
Using the additional capital from the share float, Méliuz plans to enhance these services, potentially introducing features like automatic Bitcoin savings, staking options, and even crypto-backed loans in the future. This strategy aligns with broader fintech trends in the region. Companies like Nubank and Mercado Libre have also increased their exposure to crypto assets, viewing them as both a hedge and a gateway into decentralised finance. With Brazil’s central bank rolling out its digital currency (Drex), the country’s financial landscape is on the brink of transformation—and Méliuz wants to be part of that shift.
While Méliuz’s plan is ambitious, it doesn’t come without risks. Floating shares can dilute existing shareholder value, and relying heavily on a volatile asset like BTC may invite scrutiny from regulators and cautious investors. However, Méliuz seems prepared to manage these challenges, emphasising transparency and long-term vision.
Investors closely watch how the company balances traditional financial services with crypto innovation. This move may also attract a new class of shareholders interested in the intersection of fintech and blockchain. Furthermore, if BTC continues its upward trend, the strategy could pay off handsomely in terms of revenue and user growth.
Market analysts suggest that Méliuz’s bold move could set a precedent for other Latin American companies looking to pivot more aggressively into the crypto space. By floating shares to fund Bitcoin expansion, Méliuz is signalling confidence not just in cryptocurrency itself but in Brazil’s readiness for the future of finance.
If approved by United Arab Emirates regulators, the dirham-backed stablecoin—regulated by the central bank—will run on the ADI blockchain.
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