Brazilian stock exchange B3 to launch its own tokenization platform and stablecoin

PANews reported on December 18 that according to CoinDesk, Brazil’s major stock exchange B3 plans to launch a tokenization platform next year and issue its own stable currency to deepen its participation in the cryptocurrency field. The tokenization platform will allow assets to be tokenized and traded on exchanges, sharing the same liquidity pool with traditional markets. To support settlement, B3 also plans to issue a stablecoin. The stablecoin will serve as a payment and settlement vehicle in a tokenized environment, reducing reliance on existing cash processes. The stablecoin is expected to be pegged to the Brazilian real.

B3 is also expanding its cryptocurrency-related derivatives business. Products under development include weekly options for Bitcoin, Ethereum and Solana, as well as event-based contracts tied to cryptocurrency prices. These instruments are currently under review by Brazil’s securities regulator, the Brazilian Securities and Exchange Commission (CVM).

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