Listed Real Estate Company Murano to Build Bitcoin Reserve with $500 Million Equity Deal
PANews reported on July 8 that according to CoinDesk, Nasdaq-listed real estate company Murano Global Investments (MRNO) announced the launch of a Bitcoin strategic reserve plan. The company has signed a $500 million standby equity subscription agreement, the funds will be mainly used to allocate Bitcoin, and has purchased 21 BTC (about $2.1 million) as the first treasury asset.
The Mexican hotel operator, with a market value of $800 million, also joined the "Enterprise Bitcoin Alliance" led by MicroStrategy and explored the integration of Bitcoin payment and loyalty reward systems in the hotel business. Elias Sacal, chairman of the company, said that Bitcoin can both hedge against inflation risks and enhance the resilience of the balance sheet.
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Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more