Brazil’s stock exchange B3 plans tokenization platform and stablecoin launch
Brazil’s main stock exchange, B3, is moving deeper into digital assets with plans to roll out a tokenization platform and its own stablecoin for settlement purposes beginning in 2026.
In a statement to investors on Tuesday, Luiz Masagão, B3’s vice president of products and clients, said the exchange intends to start by tokenizing traditional assets, beginning with stock market instruments. Alongside this effort, B3 plans to issue a stablecoin designed to facilitate the trading and settlement of tokenized assets.
Masagão explained that integrating tokenized assets directly into the existing financial system would allow for seamless trading across both formats. “The real advantage of connecting tokenization to the traditional ecosystem is asset fungibility,” he said. “From the buyer’s perspective, it won’t matter whether the seller is operating through a traditional stock or a tokenized version. Both sides will benefit from the same liquidity.”
The announcement follows recent regulatory developments in Brazil. About a month earlier, the country’s central bank said it would begin treating stablecoin transactions as foreign-exchange operations for crypto companies. The new rules are expected to take effect in February, though it remains unclear how they will apply to institutions like stock exchanges.
Tokenization and stablecoins are just part of B3’s broader digital asset strategy. Masagão also revealed plans to introduce weekly options tied to Bitcoin, Ether and Solana, as well as event-based contracts similar to those offered by prediction platforms such as Kalshi and Polymarket.
Brazil moves early on crypto market access
As Brazil’s only major stock exchange, B3 has historically moved faster than the United States in offering regulated crypto investment products. The exchange began listing crypto-linked exchange-traded funds in 2021 — years before U.S. regulators approved Bitcoin futures ETFs and later spot Bitcoin ETFs in 2024.
To date, 13 crypto-related ETFs have been listed on B3, and in February the exchange expanded its offerings further by adding a spot XRP fund.
