Brazilian Stock Exchange B3 will launch its own tokenization platform and stablecoin.
TL;DR
Brazil's stock exchange B3 will launch a tokenization platform and a Brazilian real-pegged stablecoin next year to facilitate trading of tokenized assets, with both systems sharing liquidity.
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According to ChainCatcher, Brazil's major stock exchange, B3, plans to launch a tokenized platform and its own stablecoin next year, deepening its involvement in the cryptocurrency space. This stablecoin will facilitate trading of tokenized assets and is expected to be pegged to the Brazilian real.
The tokenization platform will allow assets to be tokenized and traded on exchanges. Luiz Masagao, VP of Product and Clients at B3, stated that the two systems will share the same liquidity pool. B3 is also expanding its cryptocurrency derivatives offerings, including new options and contracts pegged to cryptocurrency prices.