Traditional finance (TradFi) companies and institutions are accelerating the mainstream adoption of cryptocurrencies, with significant investments in Bitcoin (BTC). Following Michael Saylor’s lead, firms across Brazil, the Middle East, Asia, and beyond are increasingly adopting Bitcoin as a reserve asset. TradFi Money Flows Into Crypto Market With Bitcoin Buys On May 15, Brazilian-listed fintech company Méliuz became the country’s first firm to include BTC in its treasury. “Historic day! Our shareholders have approved, by a wide majority, the transformation of Méliuz into the first Bitcoin Treasury Company listed in Brazil,” Méliuz’s chairman, Israel Salmen, posted on X
source: https://beincrypto.com/tradfi-bitcoin-buying-adoption/