Brazil’s B3 to Implement Tokenization by H2 2026
- B3, Brazil’s stock exchange, plans to adopt tokenization technologies in the second half of 2026.
- The initiative aims to replicate traditional depository databases on a blockchain ecosystem.
- Rodrigo Nardoni, Vice President of Technology at B3, highlighted the potential use of stablecoins for settlement processes.
- B3 plans to launch its own stablecoin, B3RL, backed by cash and government bonds in the future.
B3 is preparing for a significant shift by integrating tokenization into its market structure by H2 of the year. This move includes developing a blockchain-based system that mirrors existing databases and exploring stablecoin settlements.
The introduction of B3RL could enable direct settlements on blockchain networks, marking a transformative step for financial markets in Brazil. (Source)
