Brazil’s main exchange B3 plans to deepen its involvement in the cryptocurrency space through the launch of a tokenization platform and its own stablecoin next year.
The tokenization platform is set to allow assets to be tokenized and traded on the exchange, with Luiz Masagão, B3’s vice president of products and clients, saying both systems will share the same liquidity pool.
“The token buyer will not know that they are buying from a traditional equity seller,” added Masagão. “This allows for a smooth transition where both systems use the same liquidity.”
To support the settlement, B3 also plans to issue a stablecoin. It would serve as a payment and clearing tool in the tokenized environment, reducing reliance on existing cash processes.
“We will also launch a B3 stablecoin, which will serve as a tool to enable token trading,” Masagão said. The stablecoin is expected to be pegged to the Brazilian real.
B3 also expands crypto-linked derivatives. Products under development include weekly options on bitcoin, ether and solana, along with event-based contracts linked to crypto prices. These instruments are currently under review by Brazil’s Securities Regulatory Authority, CVM.
The exchange has spent the last several years building crypto exposure through listed products and includes offerings tied to BTC, ETH, SOL and crypto indices. It first listed a crypto ETF back in April 2021, years before the US
These products are owned by about 600,000 investors and account for about $2.4 billion in assets under management, according to the exchange. Earlier this month, asset manager Valor listed four new ETPs on the exchange.
The real-world asset (RWA) market has grown to exceed $18 billion this year, according to RWA.xyz, with most tokenized assets being commodities and US Treasuries.
