Brazil Accelerates Tokenization with $2 Billion Credit Plan
Brazil is advancing its tokenization strategy as the country's Securities and Exchange Commission (CVM) establishes a dedicated working group to explore how distributed ledger technology can modernize capital markets. This regulatory initiative aims to create an experimental framework for tokenized securities, signaling strong government support for blockchain-based financial innovation. Liqi Digital Assets, in partnership with XDC Network, has expanded its initial $500 million real-world asset (RWA) issuance target to a total of $2 billion by 2028. The original goal was achieved nine months early due to strong demand and infrastructure development. Liqi now plans an additional $1.5 billion in tokenized credit assets, including trade finance and receivables from major financial institutions. The growth of the RWA market is shifting toward non-sovereign debt products like corporate and structured credit. XDC Network remains a key player as it supports this expansion with blockchain infrastructure for auditable collateral and on-chain settlement.
Topics: blockchain capital_markets_modernization securities_commission tokenization