Orama was Bought by BTG Pactual Bank of Brazil in $98.7M

BTG Pactual Bank has bought Orama in $98.7Million

Under the strategy to expand major Brazilian investment bank BTG Pactual Bank’s digital platform Cryptocurrency federal bank brokerage is doing acquisition of Orama. BTG Pactual has signed the deal to buy 100% share of the Orama in 500 Million Brazilian Reais ($98.7 Million). BTG Pactual while doing the announcement of 2 October that digital development of the acquisition bank is a part of strategy. Along with this the strategy will provide more opportunities for investment. Barcelona Flora, the digital platform partner of BTG Pactual has said that they are excited about the acquisition, which will provide Orama customers a complete reach to BTG platform.